3M Insider Sells 3,635 Shares for $663,000

3M Company (NYSE:MMM) insider Rodriguez Beatriz Karin Chavez sold 3,635 shares of stock in a transaction on August 5th. The sale was at an average price of $182.51 per share, totaling $663,423.85. This decrease represents 20.57% of their position.

The trade was disclosed to the Securities & Exchange Commission and can be accessed through this link. Following the completion of the sale, Chavez directly owned 14,035 shares of 3M's stock, valued at $2,561,527.85.

3M's most recent quarterly earnings were released on July 21st, where they reported EPS of $2.40, beating analysts' estimates by $0.15. The company had revenue of $6.50 billion during the quarter, a 2.5% increase from the same period last year.