Insider Sale: Director Monnas Kampouri Sells Shares of AptarGroup Inc (ATR)

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On August 13, 2024, Monnas Kampouri, a Director at AptarGroup Inc (ATR, Financial), sold 1,922 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 8,839 shares of AptarGroup Inc.

AptarGroup Inc specializes in the design and manufacturing of a variety of dispensing systems, sealing solutions, and active packaging systems for a wide range of industries, including beauty, personal care, home care, pharmaceuticals, food, and beverages.

Over the past year, Monnas Kampouri has engaged in multiple transactions involving the company's stock, selling a total of 6,309 shares and purchasing none. This recent sale is part of a broader trend observed at AptarGroup Inc, where there have been no insider buys but 13 insider sells over the same period.

Shares of AptarGroup Inc were priced at $144.43 on the day of the sale, positioning the company with a market cap of approximately $9.53 billion. The price-earnings ratio of the company stands at 30.16, which is above both the industry median of 27.63 and the historical median for the company.

The stock's GF Value is estimated at $130.61, leading to a price-to-GF-Value ratio of 1.11, indicating that the stock is Fairly Valued. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.

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This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, considering the broader market and company-specific valuations.

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.

Disclosures

I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.