Newell Brands chief legal officer sells $616,000 in stock By Investing.com

Bradford R. Turner, Chief Legal & Administrative Officer at Newell Brands Inc. (), sold 100,000 shares of common stock on August 6, 2026. The transactions totaled approximately $616,000.

The shares were sold at prices ranging from $6.14 to $6.19 per share, with a weighted average selling price of $6.16. Following these transactions, Mr. Turner directly owns 433,398 shares of Newell Brands common stock.The insider sale comes as NWL stock has posted a 20% gain over the past year. According to InvestingPro data, the stock has shown strong returns recently, with shares up 10.5% year-to-date. For investors seeking deeper insights into NWL’s valuation and growth prospects, InvestingPro offers comprehensive analysis through its Pro Research Report, available for this and 1,400+ other US equities.

In other recent news, Newell Brands reported stronger-than-expected second-quarter 2026 results, surpassing analysts’ expectations with adjusted earnings of $0.42 per share compared to the projected $0.19. The company also achieved revenue of $2.0 billion, exceeding the anticipated $1.97 billion. This marks the first year-over-year sales growth for Newell in over four years, driven by a 3% increase in net sales and a 2.3% rise in core sales. Following this performance, Newell has raised its full-year guidance for sales, margins, earnings, and operating cash flow. Additionally, Moody’s Ratings upgraded Newell Brands’ outlook to stable from negative, reflecting improved operating performance and expectations of earnings growth. The agency affirmed Newell’s B1 Corporate Family Rating and assigned a B2 rating to its proposed $500 million senior unsecured notes due 2031. Newell plans to use these notes to redeem its existing $500 million notes due 2027. The company’s commitment to reducing leverage and generating free cash flow is expected to support improving credit metrics.

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