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Procter & Gamble Company (The) $PG Shares Sold by Picton Mahoney Asset Management
Picton Mahoney Asset Management significantly reduced its stake in Procter & Gamble (NYSE:PG) by 40.0% in the third quarter, selling 28,325 shares, though other institutional investors showed varied activity. This news follows substantial insider selling, including CEO Gary A. Coombe, which might concern some investors. Despite the share sales, P&G slightly surpassed quarterly EPS estimates, provided positive FY2026 EPS guidance, and continues to pay a quarterly dividend.