Avon Products (NYSE:AVP) manufactures and markets beauty and related products.
Insider buying during the last 30 days
Here is a table of Avon Products' insider activity during the last 30 days.
|Name||Title||Trade Date||Shares Purchased||Current Ownership||Increase In Shares|
|Sara Mathew||Director||May 8||7,500||7,500 shares||from 0 to 7,500|
|Maria Elena Lagomasino||Director||May 7||7,473||37,598 shares||+24.8%|
|Don Cornwell||Director||May 7-8||2,120||12,083 shares||+21.3%|
|Douglas Conant||Director||May 7||37,464||37,464 shares||from 0 to 37,464|
|Paula Stern||Director||May 8||100||16,099 shares||+0.6%|
|John Higson||SVP||May 5||3,035||21,073 shares||+16.8%|
There have been 57,692 shares purchased by insiders during the last 30 days.
Insider buying by calendar month
Here is a table of Avon Products' insider activity by calendar month.
|Month||Insider buying / shares||Insider selling / shares|
There have been 80,892 shares purchased, and there have been 50,200 shares sold by insiders since January 2013. The month of May 2014 has seen the most insider buying.
Avon Products reported the first-quarter financial results on May 1 with the following highlights:
|Net loss||$168.3 million|
|Net debt||$1.9 billion|
The six insiders purchased their shares after these results.
For second quarter, Avon Products expects trends to be a bit better, but to still be down in revenue and operating margins versus a year ago. Avon Products expects to resume constant dollar sales and margin growth in the second half of the year, driven by improvements in several of its key markets.
|Qtrly Rev Growth (yoy):||-0.11||-0.00||0.44|
|PEG (5 yr expected):||1.65||N/A||3.33|
Avon Products has the lowest P/S ratio among these three companies.
Here is a table of these competitors' insider activities this year.
|Company||Insider buying / shares||Insider selling / shares|
Only Avon Products has seen intensive insider buying during the last 30 days.
There have been six different insiders buying Avon Products, and there have not been any insiders selling Avon Products during the last 30 days. Five of these six insiders increased their holdings by more than 10%. Avon Products has an insider ownership of 0.19%.
The six insiders purchased their shares at prices ranging from $13.33 to $13.50. I believe Avon Products could be a good pick below $13.50 based on the intensive insider buying.
Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in AVP over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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