Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Graphic Packaging Holding Co shares valued at $355,800 were sold by Lischer Charles D on Nov 25 ’24. At $29.65 per share, Lischer Charles D sold 12,000 shares. The insider’s holdings dropped to 49,849 shares worth approximately $1.33 million following the completion of this transaction.
Also, Lischer Charles D purchased 12,000 shares, netting a total of over 355,748 in proceeds.
Before that, Farrell Michael James had sold 25,900 shares from its account. In a trade valued at $750,841, the EVP, Mills Division traded Graphic Packaging Holding Co shares for $28.99 each. Upon closing the transaction, the insider’s holdings decreased to 25,900 shares, worth approximately $2.16 million.
As published in a research note from Wells Fargo on January 06, 2025, Graphic Packaging Holding Co [GPK] has been rated up from an Underweight to an Equal weight and the price target has been revised to $27 from $24. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of October 30, 2024, Truist has decreased its “Buy” rating to a “Hold” for GPK. Earlier on July 09, 2024, Stifel initiated its rating. Their recommendation was “a Buy” for GPK stock.
Analyzing GPK Stock Performance
During the last five days, there has been a drop of approximately -1.73%. Over the course of the year, Graphic Packaging Holding Co shares have dropped approximately -1.73%. Shares of the company reached a 52-week high of $27.27 on 01/02/25 and a 52-week low of $26.30 on 01/06/25. A 50-day SMA is recorded $28.53, while a 200-day SMA reached $28.30. Nevertheless, trading volume fell to 1.92 million shares from 2.55 million shares the previous day.
Support And Resistance Levels for Graphic Packaging Holding Co (GPK)
According to the 24-hour chart, there is a support level at 26.44, which, if violated, would cause prices to drop to 26.19. In the upper region, resistance lies at 26.84. The next price resistance is at 26.98. RSI (Relative Strength Index) is 33.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.52, which suggests the price will decrease in the coming days. Percent R is at 86.19%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
