Beatrice Ballini Sells 7,000 Shares of Coty (NYSE:COTY) Stock

Coty (NYSE:COTY) Director Beatrice Ballini sold 7,000 shares of the company’s stock in a transaction that occurred on Monday, December 12th. The stock was sold at an average price of $7.90, for a total value of $55,300.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Coty Trading Down 2.3%

Shares of NYSE:COTY opened at $3.24 on Thursday. The business’s 50 day moving average price is $3.98 and its 200-day moving average price is $4.51. Coty has a 1 year low of $3.22 and a 1 year high of $8.04. The firm has a market capitalization of $2.83 billion, a price-to-earnings ratio of -7.35, a price-to-earnings-growth ratio of 0.27 and a beta of 2.02. The company has a debt-to-equity ratio of 1.06, a current ratio of 0.77 and a quick ratio of 0.46.

Coty (NYSE:COTY) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.03). The company had revenue of $1.58 billion for the quarter, compared to analyst estimates of $1.58 billion. Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The business’s revenue was down 5.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.15 earnings per share. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. On average, equities research analysts forecast that Coty will post 0.39 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on COTY. Cowen reaffirmed a “hold” rating on shares of Coty in a research note on Friday, August 22nd. Bank of America decreased their target price on Coty from $4.00 to $3.50 and set an “underperform” rating on the stock in a research report on Friday, August 22nd. Evercore ISI lowered their price target on Coty from $10.00 to $7.00 and set an “outperform” rating on the stock in a research note on Thursday, August 21st. Canaccord Genuity Group reduced their price objective on Coty from $5.00 to $4.00 and set a “hold” rating for the company in a research note on Friday, August 22nd. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Coty in a report on Wednesday, October 8th. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and four have assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $5.63.

Institutional Investors Weigh In On Coty

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Ameriprise Financial Inc. raised its position in Coty by 10.5% in the first quarter. Ameriprise Financial Inc. now owns 22,346,995 shares of the company’s stock valued at $122,239,000 after purchasing an additional 2,132,613 shares during the period. Invesco Ltd. increased its position in shares of Coty by 28.8% during the 1st quarter. Invesco Ltd. now owns 1,761,954 shares of the company’s stock worth $9,638,000 after purchasing an additional 393,971 shares during the last quarter. Jump Financial LLC increased its position in shares of Coty by 662.1% during the 1st quarter. Jump Financial LLC now owns 956,471 shares of the company’s stock worth $5,232,000 after purchasing an additional 830,969 shares during the last quarter. Nuveen LLC purchased a new stake in Coty in the 1st quarter valued at about $4,044,000. Finally, Charles Schwab Investment Management Inc. lifted its position in Coty by 14.6% in the first quarter. Charles Schwab Investment Management Inc. now owns 3,535,430 shares of the company’s stock valued at $19,339,000 after buying an additional 450,413 shares during the last quarter. Institutional investors and hedge funds own 42.36% of the company’s stock.

About Coty

Coty Inc, together with its subsidiaries, manufactures, markets, distributes, and sells beauty products worldwide. It operates through Prestige and Consumer Beauty segments. The company provides fragrance, color cosmetics, and skin and body care products. It offers Prestige segment products primarily through prestige retailers, including perfumeries, department stores, e-retailers, direct-to-consumer websites, and duty-free shops under the Burberry, Calvin Klein, Chloe, Davidoff, Escada, Gucci, Hugo Boss, Jil Sander, Joop!, Kylie Jenner, Lancaster, Marc Jacobs, Miu Miu, Orveda, philosophy, SKKN BY KIM, and Tiffany & Co brands.