On November 1, 2024, Rolf Stangl, a Director at Reynolds Consumer Products Inc (REYN, Financial), purchased 7,207 shares of the company, as reported in a recent SEC Filing. This transaction increased the insider's total ownership to 7,207 shares.
Reynolds Consumer Products Inc is known for its household products, primarily in cooking, waste bags, and food storage categories. The company's well-known brands include Reynolds Wrap, Hefty, and Alcan.
The shares were acquired at a price of $27.25 each, valuing the transaction at approximately $196,340.75. Following this purchase, the market cap of Reynolds Consumer Products Inc stands at $5.73 billion.
The price-earnings ratio of the stock is 15.59, which is below the industry median of 18.87, indicating a potentially undervalued status in comparison to its peers.
According to the GF Value, the intrinsic value of the stock is estimated at $27.74, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 0.98.
The insider transaction history at Reynolds Consumer Products Inc over the past year shows a balanced activity, with 1 insider buy and 1 insider sell. The recent purchase by Rolf Stangl represents a significant addition to his holdings in the company.
This insider buying activity could be a signal to investors about the potential undervaluation or future prospects of the company, as insiders often buy shares based on their confidence in the company's future performance.
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.
