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  "docSlug": "8b6a62f49fba",
  "documentTitle": "Church & Dwight Co., Inc. (CHD)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2019-09-05 00:00:00",
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  "notes": "Includes a table of recent sales and two charts: one showing flat ownership percentage and one showing stock price with sell indicators.",
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      "kind": "callout",
      "text": "As a whole, management and the Board have little at risk at CHD – owning a pathetic 2% of the stock. As the share price has accelerated to new highs, no insiders have bought, and selling is increasing.",
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      "text": "All Insider Ownership Is Flat In Past 4 Years",
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      "text": "insider ownership: 2%",
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      "text": "Source: Bloomberg",
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      "kind": "source-note",
      "text": "Source: Proxy Statements",
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      "text": "Recent Sales table showing J. Craigie, S. Cugine, I. Bradley with dates, shares, and price sold.",
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      "text": "Insider Ownership Trends",
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      "evidence": "The overall thesis implies that failing to act on Spruce Point's analysis could lead to significant financial losses for investors holding onto CHD stock.",
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