Colgate-Palmolive Co.’s recent filing unveils that its CLO and Secretary Daniels Jennifer unloaded Company’s shares for reported $2.09 million on May 14 ’24. In the deal valued at $94.15 per share,22,250 shares were sold. As a result of this transaction, Daniels Jennifer now holds 59,698 shares worth roughly $5.65 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Massey Sally sold 12,226 shares, generating $1,149,926 in total proceeds. Upon selling the shares at $94.06, the Chief Human Resources Officer now owns 13,924 shares.
Before that, Tsourapas Panagiotis sold 12,000 shares. Colgate-Palmolive Co. shares valued at $1,129,854 were divested by the Grp Pres, Eur& Developing Mkts at a price of $94.15 per share. As a result of the transaction, Tsourapas Panagiotis now holds 5,118 shares, worth roughly $0.48 million.
A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late January from “a Mkt perform” to “an Outperform”. BofA Securities also remained covering CL and has increased its forecast on December 15, 2023 with a “Buy” recommendation from previously “Neutral” rating. Jefferies started covering the stock on November 13, 2023. It rated CL as “a Buy”.
Price Performance Review of CL
On Friday, Colgate-Palmolive Co. [NYSE:CL] saw its stock fall -0.15% to $94.62. Over the last five days, the stock has gained 0.78%. Colgate-Palmolive Co. shares have risen nearly 18.71% since the year began. Nevertheless, the stocks have risen 25.46% over the past one year. While a 52-week high of $95.59 was reached on 05/13/24, a 52-week low of $67.62 was recorded on 01/02/24. SMA at 50 days reached $91.59, while 200 days put it at $82.21. A total of 2.7 million shares were traded, compared to the trading of 4.05 million shares in the previous session.
Levels Of Support And Resistance For CL Stock
The 24-hour chart illustrates a support level at 94.06, which if violated will result in even more drops to 93.50. On the upside, there is a resistance level at 94.95. A further resistance level may holdings at 95.28. The Relative Strength Index (RSI) on the 14-day chart is 59.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.78%. Stochastics %K at 82.62% indicates the stock is a selling.
