Thomas Falk (Insider Trades), CEO and Chairman of the Board of Kimberly-Clark Corp. (KMB), sold 206,445 shares of the company on July 26, 2016. The average price per share was $133.40, for a total transaction of $27,539,762. Kimberly-Clark is a global personal care corporation that focuses on the production of paper-based for health, hygiene and well-being. The company has a market cap of 46.81 billion.
The number of KMB insider sells decreased each year from 2013 to 2015. There were 24 insider sells in 2013, 15 in 2014, and 14 in the following year. On the other hand, the volume of insider sells decreased from 588,600 shares in 2013 to 196,178 shares in 2014. The volume of insider shares sold increased to 531,587 shares in the 2015. This correlates to a drop in month end price starting in the last two months of 2014 and extending through mid-2015. The sole two KMB insider buys also occurred in 2013 and 2015 when month end price decreased. In addition to Falk, another KMB insider, Lizanne Gottung (Insider Trades), sold 6,204 shares of the company at an average price of $132.17 per share on July 26, 2015. Including the aforementioned transaction, Falk conducted 5 insider sells with the company, totaling 799,986 shares, since 2013. For more information about insider trades with KMB, click here. Continue Reading »