Ronald O. Perelman Buys 255,681 Shares of Revlon, Inc. (REV) Stock

Revlon, Inc. (NYSE:REV) Director Ronald O. Perelman acquired 255,681 shares of the firm’s stock in a transaction on Tuesday, June 20th. The stock was bought at an average price of $22.94 per share, for a total transaction of $5,865,322.14. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Revlon, Inc. (NYSE REV) opened at 23.30 on Friday. The stock has a 50 day moving average of $20.51 and a 200-day moving average of $27.70. Revlon, Inc. has a 12 month low of $18.15 and a 12 month high of $37.96. The company’s market cap is $1.22 billion.

Revlon (NYSE:REV) last announced its quarterly earnings data on Friday, May 5th. The company reported ($0.23) earnings per share for the quarter. Revlon had a negative return on equity of 9.87% and a negative net margin of 2.82%. The firm had revenue of $594.90 million during the quarter. Equities analysts forecast that Revlon, Inc. will post $1.80 earnings per share for the current year.

Insider Buying and Selling by Quarter for Revlon (NYSE:REV)

TRADEMARK VIOLATION NOTICE: “Ronald O. Perelman Buys 255,681 Shares of Revlon, Inc. (REV) Stock” was first posted by Mideast Time and is the sole property of of Mideast Time. If you are viewing this report on another publication, it was stolen and reposted in violation of international trademark & copyright legislation. The correct version of this report can be viewed at https://www.mideasttime.com/ronald-o-perelman-buys-255681-shares-of-revlon-inc-rev-stock/1804430.html.

Several equities analysts have commented on REV shares. TheStreet downgraded shares of Revlon from a “c” rating to a “d+” rating in a report on Tuesday, March 28th. BidaskClub raised shares of Revlon from a “strong sell” rating to a “sell” rating in a research report on Friday, June 16th.

About Revlon

Revlon, Inc manufactures, markets and sells around the world a range of beauty and personal care products, including color cosmetics, hair color, hair care and hair treatments, as well as beauty tools, men’s grooming products, anti-perspirant deodorants, fragrances, skincare and other beauty care products.

Receive News & Ratings for Revlon Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Revlon Inc. and related companies with MarketBeat.com's FREE daily email newsletter.



Leave a Reply

 
© 2006-2017 Mideast Time.