Colgate-Palmolive Co’s filing revealed that its Chief Human Resources Officer Massey Sally unloaded Company’s shares for reported $0.74 million on Feb 25 ’25. In the deal valued at $92.02 per share,8,000 shares were sold. As a result of this transaction, Massey Sally now holds 14,805 shares worth roughly $1.43 million.
Then, Malcolm Gregory sold 1,054 shares, generating $101,121 in total proceeds. Upon selling the shares at $95.94, the EVP and Controller now owns 9,620 shares.
Before that, Wallace Noel R. sold 33,333 shares. Colgate-Palmolive Co shares valued at $3,166,635 were divested by the Chairman, President & CEO at a price of $95.00 per share. As a result of the transaction, Wallace Noel R. now holds 270,689 shares, worth roughly $26.19 million.
Stifel downgraded its Colgate-Palmolive Co [CL] rating to a Hold from a a Buy in a research note published on October 28, 2024; the price target was decreased to $101 from $105. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late September with a ‘”an Overweight”‘ rating. Wells Fargo also remained covering CL and has decreased its forecast on September 16, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Deutsche Bank revised its rating on September 09, 2024. It rated CL as “a Hold” which previously was an “a Buy”.
Price Performance Review of CL
On Friday, Colgate-Palmolive Co [NYSE:CL] saw its stock jump 3.70% to $96.74. Over the last five days, the stock has gained 6.11%. Colgate-Palmolive Co shares have risen nearly 6.41% since the year began. Nevertheless, the stocks have risen 11.54% over the past one year. While a 52-week high of $109.30 was reached on 03/07/25, a 52-week low of $85.32 was recorded on 02/18/25. SMA at 50 days reached $89.13, while 200 days put it at $95.96.
Levels Of Support And Resistance For CL Stock
The 24-hour chart illustrates a support level at 93.61, which if violated will result in even more drops to 90.47. On the upside, there is a resistance level at 99.11. A further resistance level may holdings at 101.47. The Relative Strength Index (RSI) on the 14-day chart is 69.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.16, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.29%. Stochastics %K at 77.72% indicates the stock is a holding.
