On August 9, 2024, Michael Doss, President and Chief Executive Officer of Graphic Packaging Holding Co (GPK, Financial), executed a significant transaction by selling 300,000 shares of the company. The sale was documented in a recent SEC Filing. Following this transaction, the insider now owns 1,909,576 shares of Graphic Packaging Holding Co.
Graphic Packaging Holding Co, a leader in the packaging industry, provides paper-based packaging solutions for a variety of products to food, beverage, and other consumer products companies. The company is known for its commitment to innovation and sustainability in packaging solutions.
Over the past year, Michael Doss has sold a total of 300,000 shares and has not purchased any shares. This recent sale aligns with a broader trend within the company, where there have been four insider sells and no insider buys over the same period.
Shares of Graphic Packaging Holding Co were priced at $28.11 on the day of the sale. The company currently holds a market cap of approximately $8.457 billion. The price-earnings ratio of the stock stands at 12.04, which is below both the industry median of 16.43 and the company's historical median.
According to the GF Value, the intrinsic value of the stock is estimated at $23.83, suggesting that the stock is Modestly Overvalued with a price-to-GF-Value ratio of 1.18.
The GF Value is calculated considering historical trading multiples, an adjustment factor based on past returns and growth, and future business performance estimates provided by Morningstar analysts.
This insider sale might draw the attention of current and potential investors, especially considering the company's valuation and the recent trading price relative to its GF Value.
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.
