Aberdeen Group plc Sells 40,448 Shares of Colgate-Palmolive Company $CL

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Aberdeen Group plc reduced its stake in Colgate-Palmolive Company (NYSE:CL) by 6.5% during the fourth quarter, selling 40,448 shares and leaving them with 579,469 shares valued at $45.79 million. Other institutional investors adjusted their positions, with some increasing and others initiating new stakes. Meanwhile, Colgate-Palmolive saw insider selling activity from its CFO and another insider, totaling over $10 million, though analysts largely maintain a “Moderate Buy” rating with an average target price of $95.19.

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