P&G CFO Sells Stock Worth $776,753 Amid Mixed Analyst Views
Procter & Gamble Co's Chief Financial Officer, Andre Schulten, has sold $776,753 worth of company stock. This transaction occurred on August 20, 2026, when he disposed of 5,402 shares at a price of $143.79 per share. The sale was reportedly made to cover taxes related to a stock award.
The filing with the U.S. Securities and Exchange Commission indicates that Schulten directly holds 62,975.0097 Procter & Gamble common stock shares, as well as an additional 7,535.1091 shares through a retirement plan trustee.
Procter & Gamble's stock price currently stands at $146.60, with some analysts perceiving it to be undervalued relative to its fair value. Bernstein has raised its price target for the company to $149.00 and maintains a Market Perform rating due to significant marketing investments totaling $53.1 billion between 2021 and 2026.
However, not all analysts are optimistic about Procter & Gamble's prospects. Argus downgraded the company from Buy to Hold, citing underperformance and slower growth expectations. Meanwhile, Goldman Sachs' sales data for the week ending August 8 shows that overall store sales increased by 1%, but with a notable slowdown in growth.