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P&G CFO Andre Schulten sells $776,753 in company stock

P&G CFO Andre Schulten sells $776,753 in company stock

Procter & Gamble's CFO Andre Schulten sold 5,402 shares of the company's common stock on August 20, 2026, for a total of $776,753. The transaction was made to cover taxes related to a stock award, with each share sold at $143.79. Following the sale, Schulten now directly owns 62,975.0097 shares of Procter & Gamble common stock, in addition to indirectly holding 7,535.1091 shares through a retirement plan trustee.

The stock is currently trading at $146.60, which analysts consider undervalued relative to its Fair Value, placing it among the Most Undervalued stocks. Procter & Gamble has been under review from several analysts, with Bernstein raising its price target to $149.00 and maintaining a Market Perform rating, praising the company's substantial marketing investments totaling $53.1 billion between 2021 and 2026.

RBC Capital has also renewed its Outperform rating, projecting a price target of $167.00, noting an improvement in the company's U.S. market share by 25 basis points for the period ending August 9. However, Argus has downgraded Procter & Gamble to a Hold rating, citing underperformance and a slower growth outlook. Goldman Sachs' recent sales data for the week ending August 8 indicates that overall store sales increased by 1% over a four-week period, though growth has slowed significantly.

The mixed outlook from analysts suggests potential growth opportunities while others express caution due to recent performance trends.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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