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Lawson Carlton, Group President EMEA & LA at Kenvue Inc . (NYSE:KVUE), recently sold 17,100 shares of the company’s common stock. The shares were sold at a weighted average price of $23.03, totaling approximately $393,813. This transaction was conducted on March 13, 2025. Following the sale, Carlton holds 56,316.03 shares in Kenvue. According to footnotes in the filing, the shares were sold to cover tax obligations related to the vesting of Restricted Share Units. The company maintains impressive gross profit margins of 58.14% and is one of over 1,400 stocks covered by detailed InvestingPro Research Reports, which provide comprehensive analysis and actionable insights for investors.
In other recent news, Kenvue Inc. has announced the appointment of three new independent directors to its Board of Directors as part of a cooperation agreement with activist investor Starboard Value LP. This strategic move aims to enhance the company’s growth and shareholder value. Concurrently, Piper Sandler has raised its price target for Kenvue to $27, maintaining an Overweight rating, citing positive insights from the recent Consumer Analyst Group of New York conference. The analysts expressed confidence in Kenvue’s management and their strategies for the second half of the year.
In contrast, Jefferies has adjusted its price target for Kenvue to $26, while keeping a Buy rating, highlighting the company’s ongoing transformation and potential for improved performance. William Blair has reaffirmed a Market Perform rating, noting that although Kenvue’s organic sales growth fell short, its efforts in cost savings and innovation show promise. Meanwhile, Starboard Value has nominated four directors to Kenvue’s board, advocating for accountability and improved financial performance.
The board expansion includes Starboard’s Chief Investment Officer and industry professionals, aiming to address the company’s underperformance in certain segments. These developments reflect Kenvue’s strategic focus on enhancing its market position and operational efficiency.
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