The Procter & Gamble Company (NYSE:PG) is a favorite of many big investors because it gives high-AUM players a place to park their money relatively safely.
At the moment, there are plenty of metrics market participants can use to analyze Mr. Market. A couple of the most innovative are hedge fund and insider trading interest. At Insider Monkey, our studies have shown that, historically, those who follow the top picks of the best money managers can outclass the S&P 500 by a solid amount (see just how much).
Equally as key, bullish insider trading sentiment is another way to analyze the investments you’re interested in. There are lots of incentives for an executive to cut shares of his or her company, but only one, very clear reason why they would buy. Various academic studies have demonstrated the impressive potential of this method if “monkeys” understand what to do (learn more here).
Keeping this in mind, we’re going to discuss the newest info surrounding The Procter & Gamble Company (NYSE:PG).
How are hedge funds trading The Procter & Gamble Company (NYSE:PG)?
Heading into Q3, a total of 60 of the hedge funds we track were long in this stock, a change of 3% from the first quarter. With the smart money’s positions undergoing their usual ebb and flow, there exists an “upper tier” of notable hedge fund managers who were increasing their holdings substantially.
As one would understandably expect, specific money managers have jumped into The Procter & Gamble Company (NYSE:PG) headfirst. Berkshire Hathaway, managed by Warren Buffett, assembled the most outsized position in The Procter & Gamble Company (NYSE:PG). Berkshire Hathaway had 4.0645 billion invested in the company at the end of the quarter. Donald Yacktman’s Yacktman Asset Management also initiated a $1.955 billion position during the quarter. The other funds with brand new PG positions are Bill Ackman’s Pershing Square, and Ken Fisher’s Fisher Asset Management.
How are insiders trading The Procter & Gamble Company (NYSE:PG)?
Bullish insider trading is at its handiest when the primary stock in question has experienced transactions within the past half-year. Over the last six-month time frame, The Procter & Gamble Company (NYSE:PG) has seen zero unique insiders buying, and 6 insider sales (see the details of insider trades here).
We’ll also take a look at the relationship between both of these indicators in other stocks similar to The Procter & Gamble Company (NYSE:PG). These stocks are Energizer Holdings, Inc. (NYSE:ENR), Avon Products, Inc. (NYSE:AVP), Estee Lauder Companies Inc (NYSE:EL), Kimberly Clark Corp (NYSE:KMB), and Colgate-Palmolive Company (NYSE:CL). All of these stocks are in the personal products industry and their market caps match PG’s market cap.
| Company Name | # of Hedge Funds | # of Insiders Buying | # of Insiders Selling |
| Energizer Holdings, Inc. (NYSE:ENR) | 22 | 0 | 7 |
| Avon Products, Inc. (NYSE:AVP) | 28 | 3 | 2 |
| Estee Lauder Companies Inc (NYSE:EL) | 32 | 0 | 8 |
| Kimberly Clark Corp (NYSE:KMB) | 25 | 0 | 8 |
| Colgate-Palmolive Company (NYSE:CL) | 29 | 0 | 23 |
Using the returns shown by our research, average investors should always pay attention to hedge fund and insider trading sentiment, and The Procter & Gamble Company (NYSE:PG) is an important part of this process.
