Insider Trading February 17, 2026

P&G R&D Chief Disposes $2.46M in Stock, Exercises Options; Q2 EPS Mildly Tops Estimates

Moses Victor Javier Aguilar sold 15,169 shares and concurrently exercised options; Procter & Gamble posts a small EPS beat but revenue misses expectations, prompting analyst target adjustments

By Priya Menon PG
P&G R&D Chief Disposes $2.46M in Stock, Exercises Options; Q2 EPS Mildly Tops Estimates
PG

Moses Victor Javier Aguilar, Procter & Gamble's Chief Research, Development & Innovation Officer, sold 15,169 shares on February 13, 2026, yielding $2.46 million, and exercised options to acquire an identical number of shares at $91.07 each. The company reported fiscal second-quarter 2026 results with EPS of $1.88 versus a $1.86 consensus and revenue of $22.2 billion versus $22.34 billion expected. Several major banks revised price targets and ratings following the report.

Key Points

  • Insider transaction: P&G’s Chief Research, Development & Innovation Officer sold 15,169 shares for $2.46 million and exercised options to buy 15,169 shares at $91.07 each.
  • Quarterly results: EPS of $1.88 slightly beat consensus of $1.86, while revenue of $22.2 billion missed the $22.34 billion expectation.
  • Analyst adjustments: Several major banks raised price targets or ratings, reflecting a cautiously optimistic analyst stance despite mixed top-line results.

Insider transaction

Moses Victor Javier Aguilar, who serves as Chief Research, Development & Innovation Officer at Procter & Gamble (NYSE:PG), sold 15,169 shares of the company’s common stock on February 13, 2026. The shares were sold at a weighted average price of $162.2789, producing a total transaction value of $2.46 million. The individual trade prices ranged from $162.26 to $162.311.

Concurrent option exercise

On the same day as the sale, Aguilar exercised stock options to acquire 15,169 shares of Procter & Gamble common stock at an exercise price of $91.07 per share. The exercise transaction had a total nominal cost of $1.38 million.

Quarterly results snapshot

Procter & Gamble reported fiscal second-quarter results for 2026 showing earnings per share of $1.88, narrowly outpacing the consensus estimate of $1.86. Revenue for the period was $22.2 billion, which fell short of the consensus expectation of $22.34 billion.

Analyst responses

Following the earnings release, a number of financial institutions adjusted their views and price targets for Procter & Gamble:

  • UBS raised its price target to $170 while maintaining a Buy rating, noting that favorable SG&A and below-the-line items helped drive the earnings beat.
  • Wells Fargo increased its price target to $165, characterizing the results as meeting expectations and suggesting potential for a stronger second half of the fiscal year.
  • BofA Securities adjusted its price target to $171, highlighting the company’s flat organic sales and the reaffirmation of full-year guidance.
  • JPMorgan upgraded Procter & Gamble to Overweight, emphasizing the potential for improved organic sales growth and margin enhancement.

Overall market takeaway

These analyst moves collectively point to a cautiously optimistic stance among major firms following the quarter: price targets were lifted in several cases and one major bank upgraded its rating. At the same time, the company reported a revenue shortfall versus consensus and flat organic sales were noted by at least one institution.


Summary of facts

  • Insider sale: 15,169 shares sold on February 13, 2026 at a weighted average price of $162.2789; total proceeds $2.46 million; price range $162.26 to $162.311.
  • Option exercise: 15,169 shares acquired at $91.07 per share for a total of $1.38 million on the same date.
  • Financials: Q2 fiscal 2026 EPS of $1.88 versus $1.86 consensus; revenue $22.2 billion versus $22.34 billion expected.
  • Analyst actions: UBS, Wells Fargo, BofA Securities and JPMorgan adjusted price targets and/or ratings following the results.

Risks

  • Revenue shortfall versus consensus, which could pressure consumer staples sector sentiment and equity valuations.
  • Flat organic sales cited by at least one analyst, indicating uncertainty in underlying demand that affects revenue growth forecasts.
  • Analyst outlooks may change again if future quarters do not show improvement in organic sales or margins, creating potential volatility in P&G shares and related consumer-packaged-goods stocks.

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