Avon Products, Inc. (NYSE:AVP) recovered 211.54% of its value since hitting low of $1.3. The recent move of 5.47% gain helped the stock to close at $4.05 when trading ended on 7/26/2019. At a recent session, the prices were hovering between $3.86 and $4.08. This company shares are -20.25% up from its target price of $3.23 and the current market capitalization stands at $1.79B. The recent change has given its price a 6.95% lead over SMA 50 and -1.22% deficit over its 52-week high. The stock witnessed 5.74% gains, 26.96% gains and 104.55% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found AVP’s volatility during a week at 2.93% and during a month it has been found around 3.22%.
What Does Avon Products, Inc. (AVP) Do?
The company describes itself in regulatory filings as, “Avon Products, Inc. engages in the manufacture and marketing of cosmetics and beauty related products. It offers beauty products such as skincare, fragrance, and color cosmetics; fashion and home items, which consists of fashion jewelry, watches, apparel, footwear, accessories, gift and decorative products, housewares, entertainment and leisure products, children’s products, and nutritional products. The company was founded by David H. McConnell in 1886 and is headquartered in London, the United Kingdom.” [Text can be found here: https://www.marketwatch.com/investing/stock/AVP/profile under company description.]Avon Products, Inc. (AVP) Top Holders
Institutional investors currently hold around $1.36 billion or 77.3% in AVP stock. Look at its top three institutional owners: Blackrock Inc. owns $177.23 million in Avon Products, Inc., which represents roughly 9.9% of the company’s market cap and approximately 13.07% of the institutional ownership. Similar statistics are true for the second largest owner, Miller Value Partners, Llc, which owns 28,070,088 shares of the stock are valued at $113.68 million. The third largest holder is Renaissance Technologies Llc, which currently holds $97.27 million worth of this stock and that ownership represents nearly 5.43% of its market capitalization.Avon Products, Inc. 13F Filings
At the end of March reporting period, 108 institutional holders increased their position in Avon Products, Inc. (NYSE:AVP) by some 45,569,132 shares, 104 decreased positions by 39,878,281 and 58 held positions by 249,425,147. That puts total institutional holdings at 334,872,560 shares, according to SEC filings. The stock grabbed 41 new institutional investments totaling 14,701,619 shares while 30 institutional investors sold out their entire positions totaling 8,233,791 shares.Avon Products, Inc. (NYSE:AVP) Insider Trades
Multiple company employees have indulged in significant insider trading. Avon Products, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director MITAROTONDA JAMES A has acquired 100,000 shares of Avon Products, Inc. (AVP) in the trading session dated Aug. 13, 2018. These shares are worth $169,000 and were traded at $1.69 each. The SEC filing shows that MITAROTONDA JAMES A performed a purchase of 500,000 shares. The Director added these shares by way of transaction on Aug. 09, 2018. The company’s shares were assimilated at $1.82 per share worth to an investment of some $910,000 to the account of MITAROTONDA JAMES A.
Director, MITAROTONDA JAMES A, purchased 456,908 common shares of Avon Products, Inc. (AVP) in the open market. In a transaction dated May. 22, 2018, the shares were bought at an average price of $1.91, giving away a sum of $872,694. After this purchase, 3,729,778 common shares of AVP are directly owned by the insider, with total stake valued at $15,105,601.
In the transaction dated May. 16, 2018, a great number of shares acquired came courtesy the Global President; Fernandez Calero Miguel Angel added a total of 100,000 shares at an average price of $1.89, amounting to approximately $189,000. The insider now directly owns 100,000 shares worth $405,000.Avon Products, Inc. (AVP) Analyst Guide
Several analysts have released their opinion on Avon Products, Inc. (NYSE:AVP), with 0 analysts believing it is a strong buy. Whereas 9 of them predict the stock is a hold. Also, there are 0 buy, 0 sell and 0 strong sell ratings, collectively assigning a 3 average brokerage recommendation [T1].