Insider Activity to Watch: Coty Inc. $COTY

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Coty Inc. (NYSE:COTY) insider have most recently took part in a trading activity. On Jun 15, 2017 Kleitman Laurent, President, Consumer Beauty bought 31,000 shares having total worth of $589,620 at the price of $19.02 per share, following the transaction a total of 62,000 shares owned by Kleitman Laurent.

The stock has experienced a total of 4 insider trades in the past three months. These trades include 4 buy trades. Furthermore, over the past 12 months , the stock was traded 27 times by insiders. In 5 of these trades, the insider was a seller while an employee of the company was the buyer in 22 instances.

Time Frame Number of Insider Buy Number of Insider Sell Stock Price Change(%)
3 Month 4 0 -4.81%
12 Month 22 5 -13.63%

Shares of Coty Inc. (NYSE:COTY) traded down 1.98% on Jun 27, 2017, hitting $18.82. 3,759,282 shares of the company’s stock traded hands. Coty Inc. has a 52 week low of $17.05 and a 52 week high of $31.06. The company’s market cap is $7,880 million.

Coty Inc. (NYSE:COTY) last announced its earnings results on May 10, 2017. The company reported 0.15 earnings per share (EPS) for the quarter, higher than the consensus estimate of 0.13 by $0.02. The company had revenue of $2,032 million for the quarter, compared to the consensus estimate of $1,950 million. During the same quarter in the previous year, the company posted 0.09 earnings per share. The company’s revenue for the quarter was up 114% on a year-over-year basis.

2017-05-10 2017-02-09 2016-11-09 2016-08-16 2016-05-03 2016-02-04 2015-11-05 2015-08-13 2015-02-05 2014-11-06
earnings per share 0.15 0.30 0.23 0.13 0.09 0.38 0.59 0.08 0.45 0.28
Revenue(M) 2032 2297 1080 1076 950.7 1211 1112 1020 1260 1182

Coty Inc was incorporated in Delaware in 1995. It was founded in Paris in 1904. The Company is a pure play beauty company with a portfolio of brands that compete in the three segments in which it operates: Fragrances, Color Cosmetics and Skin & Body Care. The Company’s fragrance products include a variety of men’s and women’s products. The Company sells its fragrance products in all distribution channels, from mass to prestige, including travel and retail, to target consumers across all incomes, ages and geographies that it consider important to its business, though the distribution of certain of its prestige brands is limited to a select number of distribution outlets. The Company’s top fragrance brands by percentage of net revenues are Calvin Klein, Davidoff, Marc Jacobs, Chloé and Playboy. The Company’s color cosmetics products include lip, eye, nail and facial color products. The top color cosmetics brands by percentage of net revenues are Rimmel, Sally Hansen and OPI. Most of the color cosmetics products are sold within mass distribution channels, with OPI mostly sold in professional distribution channels. The Skin & body care products include shower gels, deodorants, and skin care and sun treatment products. The skin & body care brands are Adidas, Lancaster, philosophy and TJoy. Lancaster and philosophy are sold in prestige distribution channels, and Adidas and TJoy are sold in mass distribution channels. The Company manufactures approximately 66% of its products in 10 facilities around the world. It purchases the raw material for all its products from different third parties. The Company competes against a number of manufacturers of fragrances, color cosmetics and personal care products. Its principal global competitors include L’Oréal S.A., Avon Products, Inc., Beiersdorf AG, The Estée Lauder Companies Inc. The Company and its products are subject to regulation by various U.S. federal regulatory agencies as well as by various state and local regulatory authorities and by the applicable regulatory authorities in the countries in which its products are produced or sold.

William White

William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.

About the Author

William White
William White is a financial writer. He graduated with a degree in Economics. He has contributed to major financial websites and print publications for over 8 years. He handles much of this site's news coverage for corporate insider activity, and occasionally cover other areas of financial sector.