Rashida La Lande, Executive Vice President and General Counsel of The Estée Lauder Companies Inc., sold 5,564 shares of Class A common stock for approximately $553,896 on August 21, according to a regulatory filing. The shares were sold at $99.55 each, following the exercise of stock options acquired under the company's Fiscal 2002 Share Incentive Plan.
The options, exercisable in tranches from November 2025 to November 2027, were purchased at $92.87 per share, resulting in a total acquisition cost of roughly $516,728. Post-transaction, La Lande holds no direct beneficial ownership of Class A common stock but retains 11,129 units in derivative securities.
The transaction follows a 23.57% surge in Estée Lauder's stock over the past week, with shares closing at $101.94 on August 21, a gain of 6.02% or $5.79. The company's stock is currently trading at $103.75, with a price-to-earnings ratio of 206.82, according to InvestingPro.
Estée Lauder reported adjusted earnings per share of $0.39 for its fiscal fourth quarter of 2026, exceeding Wall Street's estimate of $0.32. Revenue reached $3.63 billion, surpassing the forecast of $3.55 billion. Organic sales growth returned to positive territory for the full year, with fourth-quarter sales increasing 6.4%, outpacing Canaccord Genuity's estimate of 4.4% and the broader market consensus of 4.0%.
Analysts at Canaccord Genuity maintained a Hold rating on the stock but raised their price target from $85 to $90. Bernstein SocGen Group reiterated a Market Perform rating with a price target of $106, citing the Estée Lauder brand as a key driver of a steady recovery.
