Berry Global Group, Inc. (NYSE:BERY) is now up 15.9% compared to a 12-month low of $40.5. We have seen the price to move -14.95% lower and get settled at $46.94 on 7/30/2019. At recent session, it appeared stuck in a range of $44.865 to $51. This company shares are 34.98% off its target price of $63.36 and the current market capitalization stands at $6.11B. The recent change has given its price a -8.5% deficit over SMA 50 and -20.66% deficit over its 52-week high. The stock witnessed -10.74% declines, -20.17% declines and -6.83% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found BERY’s volatility during a week at 4.2% and during a month it has been found around 2.28%.

Berry Global Group, Inc. (BERY) Top Holders

Institutional investors currently hold around $7.05 billion or 98.2% in BERY stock. Look at its top three institutional owners: Vanguard Group Inc owns $642.2 million in Berry Global Group, Inc., which represents roughly 10.51% of the company’s market cap and approximately 9.1% of the institutional ownership. Similar statistics are true for the second largest owner, Eminence Capital, Lp, which owns 11,006,085 shares of the stock are valued at $607.43 million. The third largest holder is Viking Global Investors Lp, which currently holds $426.16 million worth of this stock and that ownership represents nearly 6.97% of its market capitalization.

Berry Global Group, Inc. 13F Filings

At the end of March reporting period, 194 institutional holders increased their position in Berry Global Group, Inc. (NYSE:BERY) by some 25,849,154 shares, 167 decreased positions by 25,192,116 and 39 held positions by 76,778,004. That puts total institutional holdings at 127,819,274 shares, according to SEC filings. The stock grabbed 69 new institutional investments totaling 5,116,332 shares while 44 institutional investors sold out their entire positions totaling 4,997,909 shares.

Berry Global Group, Inc. (NYSE:BERY) Insider Trades

Multiple company employees have indulged in significant insider trading. Berry Global Group, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP – Chief Legal Officer Greene Jason K. has sold 10,000 shares of Berry Global Group, Inc. (BERY) in the trading session dated Apr. 11, 2019. These shares are worth $575,000 and were traded at $57.5 each. The SEC filing shows that Greene Jason K. performed a sale of 10,000 shares. The EVP – Chief Legal Officer disposed these shares by way of transaction on Mar. 11, 2019. The company’s shares were given away at $55 per share worth to an income of some $550,000 to the account of Greene Jason K..

EVP – Chief Legal Officer, Greene Jason K., sold 7,455 common shares of Berry Global Group, Inc. (BERY) in the open market. In a transaction dated Feb. 25, 2019, the shares were put up for sale at an average price of $52.63, raking in a sum of $392,357. After this sale, 250 common shares of BERY are directly owned by the insider, with total stake valued at $11,735.

In the transaction dated Feb. 21, 2019, a great number of shares sold came courtesy the EVP – General Counsel; Greene Jason K. disposed a total of 2,545 shares at an average price of $52.5, amounting to approximately $133,613. The insider now directly owns 700 shares worth $32,858.

Berry Global Group, Inc. (BERY) Analyst Guide

Several analysts have released their opinion on Berry Global Group, Inc. (NYSE:BERY), with 5 analysts believing it is a strong buy. Whereas 3 of them predict the stock is a hold. Also, there are 4 buy, 0 sell and 0 strong sell ratings, collectively assigning a 1.83 average brokerage recommendation [T1].