Graphic Packaging Holding Company (NYSE:GPK) is at least 40.64% than its current record low price of $10.04. There was a 0.57% gain on 7/11/2019 that led the price to move at $14.12. At a recent session, the prices were hovering between $14.04 and $14.22. This company shares are 11.54% off its target price of $15.75 and the current market capitalization stands at $4.2B. The recent change has given its price a 3.49% lead over SMA 50 and -7.2% deficit over its 52-week high. The stock witnessed 0.21% gains, 10.57% gains and 27.67% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found GPK’s volatility during a week at 1.37% and during a month it has been found around 1.84%.
What Does Graphic Packaging Holding Company (GPK) Do?
The company describes itself in regulatory filings as, “Graphic Packaging Holding Co. provides paper-based packaging solutions for a variety of products to food, beverage and other consumer products companies. It also produces folding cartons, kraft paperboard, coated-recycled boxboard and multi-wall bags. The company operates through the following business segments: Paperboard Mills, Americas Paperboard Packaging, and Europe Paperboard Packaging. The Paperboard Mills segment includes the eight North American paperboard mills which produce coated unbleached kraft paperboard and coated-recycled paperboard. The Americas Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage, and consumer product markets primarily in the Americas. The Europe Paperboard Packaging segment includes paperboard folding cartons sold primarily to consumer packaged goods companies serving the food, beverage and consumer product markets in Europe. Graphic Packaging Holding was founded on December 28, 1992 and is headquartered in Marietta, GA.” [Text can be found here: https://www.marketwatch.com/investing/stock/GPK/profile under company description.]Graphic Packaging Holding Company (GPK) Top Holders
Institutional investors currently hold around $4.86 billion or 0% in GPK stock. Look at its top three institutional owners: Boston Partners owns $426.16 million in Graphic Packaging Holding Company, which represents roughly 10.15% of the company’s market cap and approximately 8.77% of the institutional ownership. Similar statistics are true for the second largest owner, Vanguard Group Inc, which owns 27,030,844 shares of the stock are valued at $379.51 million. The third largest holder is Fmr Llc, which currently holds $306.78 million worth of this stock and that ownership represents nearly 7.3% of its market capitalization.
At the end of March reporting period, 139 institutional holders increased their position in Graphic Packaging Holding Company (NYSE:GPK) by some 35,300,075 shares, 115 decreased positions by 39,440,951 and 39 held positions by 271,479,305. That puts total institutional holdings at 346,220,331 shares, according to SEC filings. The stock grabbed 43 new institutional investments totaling 8,654,856 shares while 32 institutional investors sold out their entire positions totaling 6,348,431 shares.Graphic Packaging Holding Company (NYSE:GPK) Insider Trades
Multiple company employees have indulged in significant insider trading. Graphic Packaging Holding Company disclosed in a document filed with the US Securities and Exchange Commission (SEC) that Director HAGEMANN ROBERT has acquired 15,000 shares of Graphic Packaging Holding Company (GPK) in the trading session dated Feb. 27, 2019. These shares are worth $183,750 and were traded at $12.25 each. The SEC filing shows that Venturelli Larry M performed a purchase of 25,000 shares. The Director added these shares by way of transaction on Oct. 25, 2018. The company’s shares were assimilated at $10.59 per share worth to an investment of some $264,750 to the account of Venturelli Larry M.
SVP, Mills, Nichols Alan R, sold 101,303 common shares of Graphic Packaging Holding Company (GPK) in the open market. In a transaction dated May. 24, 2018, the shares were put up for sale at an average price of $15.08, raking in a sum of $1,527,649. After this sale, 43,335 common shares of GPK are directly owned by the insider, with total stake valued at $611,890.
In the transaction dated Mar. 02, 2018, a great number of shares sold came courtesy the SVP and President, Americas; Yost Joseph P disposed a total of 50,000 shares at an average price of $15, amounting to approximately $750,000. The insider now directly owns 306,926 shares worth $4,333,795.Graphic Packaging Holding Company (GPK) Analyst Guide
Several analysts have released their opinion on Graphic Packaging Holding Company (NYSE:GPK), with 7 analysts believing it is a strong buy. Whereas 4 of them predict the stock is a hold. Also, there are 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.8 average brokerage recommendation [T1].