Insider Buying: Coty (NYSE:COTY) Director Acquires 20,000 Shares of Stock

Coty (NYSE:COTY) Director Beatrice Ballini acquired 20,000 shares of the company’s stock in a transaction that occurred on Sunday, October 8th. The stock was bought at an average cost of $9.28 per share, with a total value of $185,600.00. Following the purchase, the director owned 20,000 shares in the company, valued at $185,600. The trade was a ∞ increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink.

Coty Stock Down 1.3%

Coty stock traded down $0.05 during mid-day trading on Tuesday, reaching $3.31. The stock had a trading volume of 6,639,407 shares, compared to its average volume of 7,839,375. The firm has a market capitalization of $2.89 billion, a PE ratio of -7.51, a price-to-earnings-growth ratio of 0.27 and a beta of 2.02. The stock’s 50-day simple moving average is $4.00 and its 200-day simple moving average is $4.52. The company has a debt-to-equity ratio of 1.06, a quick ratio of 0.46 and a current ratio of 0.77. Coty has a fifty-two week low of $3.28 and a fifty-two week high of $8.04.

Coty (NYSE:COTY) last announced its earnings results 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). Coty had a positive return on equity of 5.18% and a negative net margin of 6.24%.The business had revenue of $1.58 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter in the previous year, the firm earned $0.15 EPS. Coty’s quarterly revenue was down 5.6% on a year-over-year basis. Coty has set its Q2 2026 guidance at 0.180-0.210 EPS. On average, sell-side analysts forecast that Coty will post 0.39 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on COTY shares. Weiss Ratings restated a “sell (d)” rating on shares of Coty in a research report on Wednesday, October 8th. Bank of America cut their price target on Coty from $4.00 to $3.50 and set an “underperform” rating for the company in a report on Friday, August 22nd. The Goldman Sachs Group cut their price target on Coty from $6.00 to $4.50 and set a “neutral” rating for the company in a report on Friday, August 22nd. Jefferies Financial Group lowered shares of Coty from a “buy” rating to a “hold” rating and lowered their target price for the company from $6.00 to $4.00 in a research note on Thursday, August 21st. Finally, Cowen reaffirmed a “hold” rating on shares of Coty in a research report on Friday, August 22nd. Three research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.63.

Institutional Trading of Coty

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