The Chief Executive of Diageo is Exercising Options

Yesterday it was reported that the Chief Executive of Diageo (DGEAFResearch Report), Ivan M Menezes, exercised options to sell 384,848 DGEAF shares for a total transaction value of $18.54M.

In addition to Ivan M Menezes, 10 other DGEAF executives reported Sell trades in the last month.

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The company has a one-year high of $50.93 and a one-year low of $31.40.

Based on 14 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $50.72, reflecting a -6.6% downside.

The insider sentiment on Diageo has been negative according to 78 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Ivan M Menezes’ trades have generated a -12.4% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.

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Diageo Plc engages in the production and distribution of alcoholic beverages. Its brands include Johnnie Walker, Crown Royal, JeB, Buchanan’s, Windsor and Bushmills whiskies, Smirnoff, Ciroc and Ketel One vodkas, Captain Morgan, Baileys, Don Julio, Tanqueray, and Guinness. It operates through the following geographical segments: North America; Europe and Turkey; Africa; Latin America and Caribbean; Asia Pacific; ISC; and Corporate and Other. The company was founded on October 21, 1886 and is headquartered in London, the United Kingdom.