Scotts Miracle-Gro Company (The) (NYSE:SMG) CFO Thomas Randal Coleman sold 1,226 shares of Scotts Miracle-Gro Company (The) stock in a transaction that occurred on Thursday, October 5th. The stock was sold at an average price of $99.67, for a total transaction of $122,195.42. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Thomas Randal Coleman also recently made the following trade(s):

  • On Tuesday, August 8th, Thomas Randal Coleman sold 13,973 shares of Scotts Miracle-Gro Company (The) stock. The stock was sold at an average price of $96.14, for a total transaction of $1,343,364.22.

Shares of Scotts Miracle-Gro Company (SMG) traded up 0.19% during mid-day trading on Tuesday, hitting $97.03. 274,599 shares of the stock traded hands. The stock has a market cap of $5.67 billion, a PE ratio of 26.18 and a beta of 0.39. Scotts Miracle-Gro Company has a one year low of $81.48 and a one year high of $99.99. The stock has a 50-day moving average of $95.90 and a 200 day moving average of $92.75.

Scotts Miracle-Gro Company (The) (NYSE:SMG) last announced its quarterly earnings data on Tuesday, August 1st. The basic materials company reported $2.63 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $2.51 by $0.12. Scotts Miracle-Gro Company (The) had a return on equity of 36.28% and a net margin of 7.85%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.06 billion. During the same period last year, the business posted $2.16 earnings per share. The firm’s revenue for the quarter was up 8.5% on a year-over-year basis. Equities analysts predict that Scotts Miracle-Gro Company will post $4.08 EPS for the current fiscal year.

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A number of institutional investors and hedge funds have recently made changes to their positions in SMG. FNY Managed Accounts LLC bought a new position in Scotts Miracle-Gro Company (The) during the first quarter worth $103,000. Almanack Investment Partners LLC. bought a new position in Scotts Miracle-Gro Company (The) during the second quarter worth $132,000. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Scotts Miracle-Gro Company (The) by 7.5% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 1,664 shares of the basic materials company’s stock worth $149,000 after purchasing an additional 116 shares during the last quarter. Delta Asset Management LLC TN lifted its stake in Scotts Miracle-Gro Company (The) by 3.8% during the second quarter. Delta Asset Management LLC TN now owns 2,025 shares of the basic materials company’s stock worth $181,000 after purchasing an additional 75 shares during the last quarter. Finally, Creative Planning lifted its stake in Scotts Miracle-Gro Company (The) by 44.5% during the second quarter. Creative Planning now owns 2,097 shares of the basic materials company’s stock worth $188,000 after purchasing an additional 646 shares during the last quarter. Hedge funds and other institutional investors own 69.07% of the company’s stock.

SMG has been the subject of a number of recent research reports. BidaskClub upgraded shares of Scotts Miracle-Gro Company (The) from a “sell” rating to a “hold” rating in a research note on Wednesday, August 2nd. KeyCorp restated a “hold” rating on shares of Scotts Miracle-Gro Company (The) in a research report on Monday, August 28th. Finally, Zacks Investment Research upgraded shares of Scotts Miracle-Gro Company (The) from a “sell” rating to a “hold” rating in a research report on Saturday, August 5th. One analyst has rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $100.00.

About Scotts Miracle-Gro Company (The)

The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a manufacturer and marketer of branded consumer lawn and garden products. The Company’s segments include Global Consumer. In North America, its brands include Scotts and Turf Builder lawn and grass seed products; Miracle-Gro, Nature’s Care, Scotts, LiquaFeed and Osmocote gardening and landscape products; and Ortho, Roundup, Home Defense and Tomcat branded insect control, weed control and rodent control products.

Insider Buying and Selling by Quarter for Scotts Miracle-Gro Company (The) (NYSE:SMG)

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