EVP & President, International Joseph Yost Sells 70,000 Shares of Graphic Packaging Holding ...
Graphic Packaging Holding Co (NYSE:GPK), a leading provider of packaging solutions to food, beverage, foodservice, and other consumer products companies, has reported an insider sale according to a recent SEC filing. Joseph Yost, the company's Executive Vice President and President, International, sold 70,000 shares of the company on February 27, 2024.Joseph Yost has been active in the market over the past year, exclusively on the sell-side. The insider has sold a total of 70,000 shares and has not made any purchases during this period.The insider transaction history for Graphic Packaging Holding Co shows a lack of insider buying over the past year, with 0 insider buys recorded. In contrast, there have been 2 insider sells in the same timeframe, indicating a trend of insider sales.
On the valuation front, shares of Graphic Packaging Holding Co were trading at $26.2 on the day of the insider's recent sale. The company's market cap stands at $7.981 billion. The price-earnings ratio of the company is 11.10, which is below both the industry median of 17.465 and the company's historical median price-earnings ratio, suggesting a lower valuation compared to its peers and its own past.Graphic Packaging Holding Co's stock is currently assessed as Fairly Valued with a price-to-GF-Value ratio of 1.1, based on a GF Value of $23.92. The GF Value is a proprietary intrinsic value estimate from GuruFocus, which takes into account historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates provided by Morningstar analysts.
Investors and analysts often monitor insider transactions as they can provide insights into a company's internal perspective on the stock's valuation and future prospects. The recent sale by Joseph Yost may attract attention from the market as stakeholders consider the implications of this insider activity on their investment decisions.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
