Analyzing AptarGroup Inc. (ATR) After Recent Trading Activity


In a filing, AptarGroup Inc. revealed its Director FOTIADES GEORGE L unloaded Company’s shares for reported $1.22 million on Aug 28. In the deal valued at $128.46 per share,9,500 shares were sold. As a result of this transaction, FOTIADES GEORGE L now holds 4,962 shares worth roughly $ 0.66 million.

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Then, Tlili Hedi sold 2,989 shares, generating $374,304 in total proceeds. Upon selling the shares at $125.23, the Segment President now owns 9,379 shares.

Before that, FOTIADES GEORGE L sold 7,940 shares. AptarGroup Inc. shares valued at $968,760 were divested by the Director at a price of $122.01 per share. As a result of the transaction, FOTIADES GEORGE L now holds 4,962 shares, worth roughly $0.66 million.

William Blair downgraded its AptarGroup Inc. [ATR] rating to a Mkt perform from a an Outperform in a research note published on Friday.

Price Performance Review of ATR

On Friday, AptarGroup Inc. [NYSE:ATR] saw its stock fall -0.01% to $132.55. On the same session, the stock had its day’s lowest price of $132.52, but rose to a high of $133.79. Over the last five days, the stock has gained 3.93%. AptarGroup Inc. shares have risen nearly 20.52% since the year began. Nevertheless, the stocks have risen 28.93% over the past one year. While a 52-week high of $133.73 was reached on 09/01/23, a 52-week low of $90.23 was recorded on 02/10/23. SMA at 50 days reached $120.67, while 200 days put it at $115.48. A total of 0.25 million shares were traded, compared to the trading of 0.31 million shares in the previous session.

Levels Of Support And Resistance For ATR Stock

The 24-hour chart illustrates a support level at 132.12, which if violated will result in even more drops to 131.68. On the upside, there is a resistance level at 133.39. A further resistance level may holdings at 134.22. The Relative Strength Index (RSI) on the 14-day chart is 79.49, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.99%. Stochastics %K at 92.47% indicates the stock is a selling.

How much short interest is there in AptarGroup Inc.?

A steep rise in short interest was recorded in AptarGroup Inc. stocks on Aug 14, 2023, growing by 30120.0 shares to a total of 0.51 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 0.48 million shares. There was a rise of 5.92%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 0.87% of the overall stock float, the days-to-cover ratio (short ratio) rose to 1.88.

AptarGroup Inc. [ATR] – Who Are The Largest Shareholders?

In filings from The Vanguard Group, Inc., it is revealed that the company now owns 7,001,337 shares, or roughly 10.69% of the outstanding ATR shares. In other words, the investor’s shares have fallen by -3,145 from its previous 13-F filing of 7004482.0. Additionally, BlackRock Fund Advisors decreased -1.79% of its stake after which the total value it holdings stand at $637,167,743. Over the last quarter, SSgA Funds Management, Inc. sold -280,357 shares of AptarGroup Inc., while Atlanta Capital Management Co. LL sold -25,402 shares. At present, Victory Capital Management, Inc. is holding 2,544,931 shares valued at $309.11 million. Rivulet Capital LLC owned 1,651,500 shares of the company at the time of its most recent 13F filing, worth $200.59 million.

According to FactSet, AptarGroup Inc.’s share price will average $136.75 in the next year, based on opinions of analysts polled by the firm. This is up nearly 2.6 percent from its previous closing price of $132.56. Analysts expect AptarGroup Inc. stock to reach the higher price of $150.00, while the lowest price estimate is $125.00. However, 7 analysts have rated ATR stock as an Overweight in their predictions for 2023.


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