Insider Sell: Segment President Gael Touya Sells 3,500 Shares of AptarGroup Inc (ATR)
AptarGroup Inc (NYSE:ATR), a global leader in the design and manufacturing of a broad range of drug delivery, consumer product dispensing, and active material science solutions, has reported an insider sell according to a recent SEC filing. Segment President Gael Touya sold 3,500 shares of the company on March 11, 2024.Gael Touyas transaction involved the disposal of 3,500 shares at a market price of $142.84 per share. This transaction has altered the insider's holdings in AptarGroup Inc to a different quantity since the sell. Over the past year, the insider has sold a total of 3,500 shares of AptarGroup Inc and has not made any purchase of the company's stock.The insider transaction history for AptarGroup Inc shows a pattern of sales over the past year, with 0 insider buys and 13 insider sells recorded during the same timeframe.
In terms of valuation, AptarGroup Inc's shares were trading at $142.84 on the day of the insider's recent transaction, bringing the company's market cap to $9.347 billion. The price-earnings ratio of the company stands at 33.32, which is above both the industry median of 27.945 and the historical median price-earnings ratio for AptarGroup Inc.With the current share price and a GuruFocus Value of $128.94, AptarGroup Inc has a price-to-GF-Value ratio of 1.11, indicating that the stock is Fairly Valued according to the GF Value metric.
The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates provided by Morningstar analysts.SEC Filing
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.
