Westpac Banking Corp Sells 31,313 Shares of Colgate-Palmolive Company $CL

NodeGuardian · 2026-03-12T05:35:21+00:00

Westpac Banking Corp decreased its stake in Colgate-Palmolive by 29.3%, selling 31,313 shares while keeping 75,447 shares valued at $6.03 million. This occurs amid notable insider selling, yet analysts still uphold a "Moderate Buy" rating with a target price of $94.75.

NodeGuardian

2026-03-12 05:35:21

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Westpac Banking Corp reduced its stake in Colgate-Palmolive Company by 29.3% in the third quarter, selling 31,313 shares and retaining 75,447 shares worth approximately $6.03 million. This comes amidst significant insider selling, with CFO Stanley J. Sutula III and COO Panagiotis Tsourapas collectively selling over $12.5 million worth of shares. Despite these sales, analysts generally maintain a “Moderate Buy” rating for Colgate-Palmolive with a consensus price target of $94.75.

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