According to a report by Etfdailynews, Woodmont Investment Counsel LLC, an investment firm in the United States, reduced its stake in Philip Morris International (PMI) by 19.4% during the third quarter. The company sold 1650 shares during this period, and now holds a total of 6855 shares of Philip Morris International (PMI), valued at $635,000.
Philip Morris International (PMI) stock opened at $95.42 on Thursday, with prices ranging from $87.23 to $105.62. The company has a market capitalization of $148.13 billion and a price-to-earnings ratio of 18.53. In the third quarter of 2021, the company reported a revenue of $9.14 billion and a profit margin of 9.62%. PMI also recently announced its quarterly dividend, scheduled to be paid on January 10th.
In addition, internal activities within the company have been very active, including the sale of 10,000 shares of stock by company executive Frederic De Wilde on November 28th. Following the completion of the transaction, this insider now holds 198,447 shares of company stock, worth approximately $18.7 million.
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