Silgan Holdings Inc’s recent filing unveils that its President and CEO Greenlee Adam J unloaded Company’s shares for reported $6.84 million on Feb 24 ’25. In the deal valued at $54.73 per share,125,000 shares were sold. As a result of this transaction, Greenlee Adam J now holds 227,332 shares worth roughly $11.3 million.
Then, Greenlee Adam J bought 125,000 shares, generating $6,800,000 in total proceeds.
Before that, LEWIS ROBERT B sold 20,000 shares. Silgan Holdings Inc shares valued at $1,064,334 were divested by the EVP, Corp. Dev. & Admin. at a price of $53.22 per share. As a result of the transaction, LEWIS ROBERT B now holds 152,133 shares, worth roughly $7.56 million.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to a Neutral from a an Underweight in a research note published on August 01, 2024; the price target was increased to $53 from $46. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Citigroup also remained covering SLGN and has decreased its forecast on January 03, 2024 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of SLGN
On Tuesday, Silgan Holdings Inc [NYSE:SLGN] saw its stock fall -0.26% to $49.70. Over the last five days, the stock has lost -2.11%. Silgan Holdings Inc shares have fallen nearly -4.51% since the year began. Nevertheless, the stocks have risen 11.94% over the past one year. While a 52-week high of $58.14 was reached on 01/29/25, a 52-week low of $41.14 was recorded on 03/13/25. SMA at 50 days reached $52.78, while 200 days put it at $50.81.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 49.38, which if violated will result in even more drops to 49.06. On the upside, there is a resistance level at 49.90. A further resistance level may holdings at 50.10. The Relative Strength Index (RSI) on the 14-day chart is 37.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.21%. Stochastics %K at 20.84% indicates the stock is a holding.
How much short interest is there in Silgan Holdings Inc?
A steep rise in short interest was recorded in Silgan Holdings Inc stocks on 2025-02-28, dropping by -0.21 million shares to a total of 2.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.1 million shares. There was a decline of -7.17%, which implies that there is a negative sentiment for the stock.
