Graphic Packaging Holding Co’s recent filing unveils that its SVP & CAO Lischer Charles D unloaded Company’s shares for reported $0.36 million on Nov 25 ’24. In the deal valued at $29.65 per share,12,000 shares were sold. As a result of this transaction, Lischer Charles D now holds 49,849 shares worth roughly $1.37 million.
Then, Lischer Charles D bought 12,000 shares, generating $355,748 in total proceeds.
Before that, Farrell Michael James sold 25,900 shares. Graphic Packaging Holding Co shares valued at $750,841 were divested by the EVP, Mills Division at a price of $28.99 per share. As a result of the transaction, Farrell Michael James now holds 81,026 shares, worth roughly $2.22 million.
Truist downgraded its Graphic Packaging Holding Co [GPK] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early July with a ‘”a Buy”‘ rating. Raymond James also remained covering GPK and has decreased its forecast on November 27, 2023 with a “Mkt perform” recommendation from previously “Strong buy” rating. BofA Securities revised its rating on October 31, 2023. It rated GPK as “a Buy” which previously was an “a Neutral”.
Price Performance Review of GPK
On Friday, Graphic Packaging Holding Co [NYSE:GPK] saw its stock fall -0.40% to $27.45. Over the last five days, the stock has gained 0.18%. Graphic Packaging Holding Co shares have risen nearly 11.36% since the year began. Nevertheless, the stocks have risen 10.73% over the past one year. While a 52-week high of $30.70 was reached on 10/28/24, a 52-week low of $23.47 was recorded on 02/20/24. SMA at 50 days reached $28.96, while 200 days put it at $28.33.
Levels Of Support And Resistance For GPK Stock
The 24-hour chart illustrates a support level at 27.25, which if violated will result in even more drops to 27.04. On the upside, there is a resistance level at 27.68. A further resistance level may holdings at 27.90. The Relative Strength Index (RSI) on the 14-day chart is 36.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.31%. Stochastics %K at 24.69% indicates the stock is a holding.
How much short interest is there in Graphic Packaging Holding Co?
A steep rise in short interest was recorded in Graphic Packaging Holding Co stocks on 2024-12-13, growing by 4.83 million shares to a total of 20.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 15.33 million shares. There was a rise of 23.97%, which implies that there is a positive sentiment for the stock.
