Johnson & Johnson EVP Jennifer Taubert Sells $3.95 Million Worth of Stock

Jennifer Taubert, Executive Vice President of Johnson & Johnson (NYSE: JNJ), recently sold 15,000 shares of company stock for $3,950,400.00.

The sale was made at an average price of $263.36 per share on August 17th and represents a 7.16% decrease in Taubert's position as executive vice president.

JNJ stock traded up $8.68 during mid-day trading on Tuesday, reaching $271.05.

Despite the insider sale, Johnson & Johnson has been performing well in recent times, with a 6.6% increase in second-quarter sales and an adjusted EPS of $2.90 exceeding analysts' expectations.