Insider Buying: Coty (NYSE:COTY) Director Buys 20,000 Shares of Stock

Coty (NYSE:COTY) Director Beatrice Ballini bought 20,000 shares of Coty stock in a transaction that occurred on Sunday, October 8th. The shares were bought at an average cost of $9.28 per share, with a total value of $185,600.00. Following the acquisition, the director directly owned 20,000 shares in the company, valued at $185,600. This trade represents a ∞ increase in their position. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website.

Coty Price Performance

COTY traded down $0.05 on Tuesday, hitting $3.31. 6,639,407 shares of the stock were exchanged, compared to its average volume of 7,839,375. The business has a 50-day moving average of $4.00 and a two-hundred day moving average of $4.52. Coty has a 12 month low of $3.28 and a 12 month high of $8.04. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.77 and a quick ratio of 0.46. The firm has a market capitalization of $2.89 billion, a price-to-earnings ratio of -7.51, a PEG ratio of 0.27 and a beta of 2.02.

Coty (NYSE:COTY) last issued its earnings results on Wednesday, November 5th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The firm had revenue of $1.58 billion during the quarter, compared to analyst estimates of $1.58 billion. Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.Coty’s revenue for the quarter was down 5.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.15 EPS. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. Sell-side analysts forecast that Coty will post 0.39 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Wall Street Zen upgraded Coty from a “sell” rating to a “hold” rating in a research report on Saturday, November 8th. Evercore ISI dropped their price target on shares of Coty from $10.00 to $7.00 and set an “outperform” rating for the company in a research report on Thursday, August 21st. Wells Fargo & Company decreased their price target on shares of Coty from $5.00 to $4.00 and set an “equal weight” rating on the stock in a research note on Friday, August 22nd. Zacks Research lowered Coty from a “hold” rating to a “strong sell” rating in a research report on Friday, October 24th. Finally, Morgan Stanley reduced their price target on Coty from $5.00 to $4.25 and set an “equal weight” rating on the stock in a report on Monday, August 25th. Three analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and four have given a Sell rating to the stock. According to MarketBeat.com, Coty has an average rating of “Reduce” and a consensus target price of $5.63.

Institutional Trading of Coty

Several large investors have recently added to or reduced their stakes in COTY. Ameriprise Financial Inc. boosted its holdings in shares of Coty by 10.5% in the first quarter. Ameriprise Financial Inc. now owns 22,346,995 shares of the company’s stock worth $122,239,000 after buying an additional 2,132,613 shares during the period. Invesco Ltd. increased its position in shares of Coty by 28.8% during the first quarter. Invesco Ltd. now owns 1,761,954 shares of the company’s stock valued at $9,638,000 after purchasing an additional 393,971 shares during the period. Jump Financial LLC lifted its holdings in shares of Coty by 662.1% during the first quarter. Jump Financial LLC now owns 956,471 shares of the company’s stock valued at $5,232,000 after acquiring an additional 830,969 shares during the period. Nuveen LLC acquired a new position in Coty in the first quarter worth $4,044,000. Finally, Charles Schwab Investment Management Inc. increased its holdings in Coty by 14.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,535,430 shares of the company’s stock valued at $19,339,000 after purchasing an additional 450,413 shares during the last quarter. 42.36% of the stock is currently owned by institutional investors and hedge funds.

About Coty

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.