We recently published 10 Stocks With Easy 7-38% Upside in Just a Day. Coty Inc. (NYSE:COTY) is one of the best performers on Wednesday.
Coty snapped a two-day losing streak on Wednesday, surging 13.82 percent to close at $4.2 apiece as investors mirrored an insider buying transaction made recently.
In a regulatory filing, Coty Inc. (NYSE:COTY) said its chief executive officer (CEO) Sue Nabi and chief people and purpose officer Priya Srinivasan bought 260,000 and 30,000 shares, respectively, on August 22.
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Nabi acquired the stocks at a price of $3.916 apiece, while Srinivasan purchased the shares at $3.84.
Following the transaction, Nabi’s ownership in the company increased to more than 32.1 million shares.
In the fourth quarter of fiscal year 2025, Coty Inc. (NYSE:COTY) narrowed its net loss attributable to shareholders by 28 percent to $72.1 million from $100.2 million in the same period last year. Net revenues were lower by 8 percent at $1.25 billion versus $1.36 billion year-on-year.
For the full fiscal year, Coty Inc. (NYSE:COTY) swung to a net loss attributable to shareholders of $381.1 million from an attributable net income of $76.2 million. Net revenues decreased by 3.4 percent to $5.89 billion from $6.1 billion year-on-year.
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