Coty Inc. (NYSE:COTY) insider Edgar O. Huber acquired 80,000 shares of the business’s stock in a transaction that occurred on Friday, August 25th. The shares were acquired at an average cost of $16.43 per share, for a total transaction of $1,314,400.00. Following the completion of the acquisition, the insider now owns 159,570 shares of the company’s stock, valued at $2,621,735.10. The transaction was disclosed in a filing with the SEC, which is available through this link.

Coty Inc. (COTY) traded up 2.61% during midday trading on Tuesday, hitting $16.51. 9,446,178 shares of the stock traded hands. The stock’s market cap is $12.36 billion. The company has a 50-day moving average price of $19.06 and a 200 day moving average price of $18.76. Coty Inc. has a one year low of $15.83 and a one year high of $27.98.

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 14th. Investors of record on Friday, September 1st will be issued a $0.125 dividend. The ex-dividend date of this dividend is Wednesday, August 30th. This represents a $0.50 annualized dividend and a yield of 3.03%. Coty’s dividend payout ratio is presently -87.72%.

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COTY has been the topic of several research reports. Zacks Investment Research lowered shares of Coty from a “hold” rating to a “sell” rating in a report on Friday. BidaskClub raised shares of Coty from a “strong sell” rating to a “sell” rating in a report on Thursday, July 27th. KeyCorp reissued a “hold” rating on shares of Coty in a report on Friday. Royal Bank Of Canada reissued a “hold” rating and set a $22.00 price objective on shares of Coty in a report on Thursday, June 8th. Finally, Jefferies Group LLC initiated coverage on shares of Coty in a report on Friday, June 2nd. They set a “hold” rating and a $17.00 price objective on the stock. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $20.75.

Coty Company Profile

Coty Inc is a beauty company. The Company operates through four segments: Fragrances, Color Cosmetics, Skin & Body Care and Brazil Acquisition. Its fragrance products include a range of men’s and women’s products. Its fragrance brands include Calvin Klein, Marc Jacobs, Davidoff, Chloe, Balenciaga, Beyonce, Bottega Veneta, Miu Miu and Roberto Cavalli.

Insider Buying and Selling by Quarter for Coty (NYSE:COTY)

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