Insider Trading Roundup: Church & Dwight Co., Inc. (CHD)

Church & Dwight Co., Inc. (NYSE:CHD) insider has recently participated in insider trading activity. Director, LEBLANC ROBERT D sold 8,000 shares for $ 686,521 via one transaction Feb 11. Another notable insider trading was done by Siracusa Paul A on Feb 08, who is the Executive V.P., Global R&D. The insider acquired 10,000 shares at an average price of $ 87.23. Moreover, an insider selling of 27,600 shares was carried out by Tursi Louis, Executive VP, Consumer Sales, on Feb 05. Following the transaction, the insider now owns 19,167 shares in total. EVP New Products & Pres Int’l CUGINE STEVEN P sold 12,600 shares for $ 1,092,847 through one transaction Dec 02. Following this sale, this insider’s stake in the company comprises 7,718 shares, priced at $ 186852.78 as of Tuesday.

The stock has experienced a total of 11insider trades in the past three months. These trades include 9 sell activities and 9 buy trades. Furthermore, over the past 12 months, the stock was traded 35 times by insiders. In 26 of these trades, the insider was a seller while an employee of the company was the buyer in just 9 instances.

On February 8, 2016 Church & Dwight Co., Inc. (CHD) will present at the Consumer Analyst Group of New York Conference in Boca Raton, FL on Thursday, February 18, 2016 at 4:15 p.m. ET.

Media and investors may access the live audio webcast by visiting the Investor Relations section of the Company’s website at www.churchdwight.com beginning at 4:15 p.m. The webcast will also be available for replay.

Church & Dwight Co., Inc. manufactures and markets a wide range of personal care, household and specialty products under the ARM & HAMMER brand name and other well-known trademarks.

In another news Church & Dwight Co., Inc. (CHD) on February 2, 2016 announced that full year 2015 adjusted EPS increased 8% to $3.25 per share, exceeding the Company’s outlook. This equates to 12% currency neutral adjusted EPS growth. Organic sales growth for 2015 was 3.6%, driven by volume growth of 3.1% and 0.5% price and product mix.

Adjusted full year EPS results exclude a second quarter pension settlement charge and an impairment charge associated with the Company’s investment in a joint venture related to the Specialty Products business. Reported EPS was $3.07 per share, a 2% increase over the prior year.

Matthew Farrell, Chief Executive Officer, commented, “We are very pleased with the superior business results we delivered in 2015. We delivered top tier results within the consumer packaged goods industry including full year organic sales of 3.6%, expanded gross margin by 40 basis points and delivered adjusted earnings growth of 8.0%. We increased our marketing spend in 2015 in support of our brands. For the full year, three out of four mega brands and seven out of 10 power brands grew share including ARM & HAMMER, our biggest power brand, and including BATISTE, our newest power brand. Finally, we exited the year with strong momentum.”