AptarGroup Inc (ATR, Financial), a company specializing in the design and manufacturing of a broad array of innovative dispensing, sealing, and material science solutions for various consumer product markets, has reported an insider sale according to a recent SEC Filing. The company's Executive Vice President and Chief Legal Officer, Kimberly Chainey, sold 964 shares of the company on November 15, 2024. Following this transaction, the insider now owns 7,848 shares of AptarGroup Inc.
Over the past year, Kimberly Chainey has sold a total of 1,789 shares and has not purchased any shares. This recent transaction continues a trend seen across the company, with a total of 23 insider sells and no insider buys over the past year.
On the day of the sale, shares of AptarGroup Inc were priced at $168.83, valuing the company with a market cap of approximately $11.08 billion. The price-earnings ratio of the company stands at 33.43, which is above both the industry median of 29 and the historical median for the company.
The stock's valuation metrics show that with a current price of $168.83 and a GF Value of $130.20, AptarGroup Inc is considered Modestly Overvalued with a price-to-GF-Value ratio of 1.3. The GF Value is calculated based on historical trading multiples, an adjustment factor from GuruFocus, and future business performance estimates from analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of the company's future performance and stock valuation. The ongoing insider selling trend at AptarGroup Inc could be a point of analysis for potential investors and market analysts.
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.
