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Ecolab executives sell shares as institutional investors increase holdings

Ecolab's director now holds 24,041 shares valued at approximately $6 million after a recent sale, reflecting no change in ownership percentage. EVP Gregory B. Cook sold 3,811 shares for about $950,000, maintaining a stake of 8,080 shares valued at $2 million. Institutional investors own 74.91% of the company, with recent hedge fund activity showing increased positions. Ecolab was downgraded by UBS Group to a "neutral" rating, with a price target of $276, while analysts maintain a consensus "Moderate Buy" rating.
13:57 04.11.2024
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