Graphic Packaging Holding Co’s filing revealed 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 $1.34 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 $2.17 million.
Wells Fargo upgraded its Graphic Packaging Holding Co [GPK] rating to an Equal weight from a an Underweight in a research note published on January 06, 2025; the price target was increased to $27 from $24. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Truist also remained covering GPK and has decreased its forecast on October 30, 2024 with a “Hold” recommendation from previously “Buy” rating. Stifel started covering the stock on July 09, 2024. It rated GPK as “a Buy”.
Price Performance Review of GPK
On Monday, Graphic Packaging Holding Co [NYSE:GPK] saw its stock jump 2.44% to $26.83. Over the last five days, the stock has gained 1.28%. Graphic Packaging Holding Co shares have fallen nearly -1.22% since the year began. Nevertheless, the stocks have risen 3.91% over the past one year. While a 52-week high of $30.70 was reached on 01/02/25, a 52-week low of $23.47 was recorded on 01/13/25. SMA at 50 days reached $28.41, while 200 days put it at $28.28.
Levels Of Support And Resistance For GPK Stock
The 24-hour chart illustrates a support level at 26.26, which if violated will result in even more drops to 25.70. On the upside, there is a resistance level at 27.13. A further resistance level may holdings at 27.43. The Relative Strength Index (RSI) on the 14-day chart is 39.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.40%. Stochastics %K at 22.63% 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.
