Colgate-Palmolive Company $CL Shares Sold by Richard Bernstein Advisors LLC

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Richard Bernstein Advisors LLC significantly reduced its stake in Colgate-Palmolive (NYSE:CL) by 54.3% in Q3, selling 36,843 shares and retaining 30,968 shares valued at $2.48 million. Despite this, Wall Street analysts maintain a “Moderate Buy” consensus with an average target price of $94.75. The article also notes substantial insider selling from the COO and CFO during the last quarter.

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