The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Colgate-Palmolive Co shares valued at $200,183 were sold by Massey Sally on May 15 ’25. At $88.97 per share, Massey Sally sold 2,250 shares. The insider’s holdings dropped to 12,583 shares worth approximately $1.14 million following the completion of this transaction.
Also, Massey Sally sold 8,000 shares, netting a total of over 736,152 in proceeds. Following the sale of shares at $92.02 each, the insider now holds 14,805 shares.
Before that, Malcolm Gregory had sold 1,054 shares from its account. In a trade valued at $101,121, the EVP and Controller traded Colgate-Palmolive Co shares for $95.94 each. Upon closing the transaction, the insider’s holdings decreased to 1,054 shares, worth approximately $0.87 million.
As published in a research note from Stifel on October 28, 2024, Colgate-Palmolive Co [CL] has been rated down from a Buy to a Hold and the price target has been revised to $101 from $105. Analysts at Piper Sandler started covering the stock with ‘”an Overweight”‘ outlook in a report released in late September. As of September 16, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for CL. Earlier on September 09, 2024, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for CL stock which previously was a “a Buy”.
Analyzing CL Stock Performance
During the last five days, there has been a surge of approximately 1.42%. Over the course of the year, Colgate-Palmolive Co shares have dropped approximately -0.01%. Shares of the company reached a 52-week high of $100.18 on 03/10/25 and a 52-week low of $85.32 on 02/18/25.
Support And Resistance Levels for Colgate-Palmolive Co (CL)
According to the 24-hour chart, there is a support level at 90.25, which, if violated, would cause prices to drop to 89.61. In the upper region, resistance lies at 91.76. The next price resistance is at 92.63. RSI (Relative Strength Index) is 48.91 on the 14-day chart, showing neutral technical sentiment.
