P&G insiders liquidate multi-million stake ahead of results

Insider dispositions in detail
- Jon Moeller, chairman, divested 162,232 shares at an average price of $162.45 per share, equating to roughly $26.35 million in value. After the sale, he holds 319,385 shares directly.
- Gary Coombe, chief executive of the Grooming division, sold 36,093 shares at an average price of $162.33, corresponding to about $5.86 million. The transaction related to exercising options originally granted at $78.52 per share.

Both dealings were properly filed with the U.S. Securities and Exchange Commission.

Should investors sell immediately? Or is it worth buying P&G?

Quarterly results and outlook
- The moves came ahead of Procter & Gamble’s latest quarterly report, released January 22. In the company’s second quarter of fiscal year 2026, revenue reached $22.2 billion, up 1% from the prior year.
- Adjusted earnings per share stood at $1.88, matching the previous year. Analysts had anticipated this EPS level, while revenue came in slightly below expectations.
- Management reaffirmed the full-year guidance for organic revenue growth and for growth in adjusted EPS.

Current market context
- The stock opened at $161.27 on the trading day in question.
- Insider sales of this magnitude are not unusual for a conglomerate of P&G’s size and can reflect standard compensation practices or personal financial planning. The proximity to the quarterly results and the prevailing share price level likely influenced the timing of the transactions.