On November 14, 2024, Helen Golding, Director at Reynolds Consumer Products Inc (REYN, Financial), purchased 1,190 shares of the company, as reported in a recent SEC Filing. Following this transaction, the insider now owns a total of 1,190 shares of Reynolds Consumer Products Inc.
Reynolds Consumer Products Inc is known for its household products, primarily in cooking, waste, and storage applications. The company's well-known brands include Reynolds Wrap® aluminum foil and Hefty® bags.
The shares were acquired at a price of $27.58 each, valuing the transaction at approximately $32,820.20. This purchase reflects a positive sentiment as the insider transaction history at Reynolds Consumer Products Inc shows a trend with 2 insider buys and only 1 sell over the past year.
The current market cap of Reynolds Consumer Products Inc stands at approximately $5.77 billion. The stock's price-earnings ratio is 15.70, which is lower than both the industry median of 17.585 and the company’s historical median.
According to the GF Value, the intrinsic value estimate for Reynolds Consumer Products Inc is $27.67 per share, suggesting that the stock is Fairly Valued with a price-to-GF-Value ratio of 1.
This insider buy could indicate a belief in the company's steady value and potential for growth, aligning with the GF Value assessment of the stock. Investors and stakeholders in Reynolds Consumer Products Inc will be watching closely to see how this insider transaction influences the company's performance in the coming quarters.
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.
