Ontario Teachers Pension Plan Board Sells 12,746 Shares of Colgate-Palmolive Company $CL

The Ontario Teachers Pension Plan Board reduced its stake in Colgate-Palmolive Company by 25.4% in the third quarter of last year, selling 12,746 shares and holding 37,502 shares valued at $2.998 million. Other institutional investors also adjusted their holdings, while company insiders sold a significant number of shares totaling over $3.4 million in early February. Wall Street analysts generally maintain a “Moderate Buy” rating for Colgate-Palmolive, with an average target price of $94.38.