Why Avon Products, Inc. Stock Popped 25.8% in August [The Motley Fool]
AVON PRODUCTS (AVP)
Last avon products earnings: 10/31 06:45 am
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Source: The Motley Fool
The health and beauty products company climbed after a big insider purchase. Here's what investors need to know. Steve Symington ( TMFSymington ) Sep 6, 2018 at 9:00AM What happened Shares of Avon Products Inc. ( NYSE:AVP ) jumped 25.8% in August, according to data from S&P Global Market Intelligence , rebounding from all-time lows as an insider purchased a notable number of shares following the beauty and personal care specialist's latest quarterly results. More specifically, Securities and Exchange Commission filings on Aug. 13 and 14 revealed that Avon director and activist investor James Mitarotonda purchased an additional 600,000 shares of the company, including 500,000 shares for roughly $1.82 per share on Aug. 9, then another 100,000 shares for $1.69 per share several days later. Sure enough, Avon stock climbed more than 20% in the
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