Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Sonoco Products Co shares valued at $922,000 were purchased by Coker R. Howard on Mar 13 ’25. At $46.10 per share, Coker R. Howard acquired 20,000 shares. The insider’s holdings grew to 482,365 shares worth approximately $21.87 million following the completion of this transaction.
Also, Haley John R purchased 3,000 shares, netting a total of over 140,270 in proceeds. Following the buying of shares at $46.76 each, the insider now holds 18,558 shares.
Before that, Haynes Ernest D III had added 2,453 shares to its account. In a trade valued at $115,513, the Officer bought Sonoco Products Co shares for $47.09 each.
As published in their initiating research note from Jefferies on April 22, 2025, Sonoco Products Co [SON] has been a Buy and the price target has been revised to $62. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in late November. As of August 21, 2024, Wells Fargo has decreased its “an Equal weight” rating to a “an Underweight” for SON. Earlier on July 19, 2024, Raymond James initiated its rating. Their recommendation was “an Outperform” for SON stock.
Analyzing SON Stock Performance
During the last five days, there has been a surge of approximately 2.98%. Over the course of the year, Sonoco Products Co shares have dropped approximately -7.19%. Shares of the company reached a 52-week high of $49.68 on 01/28/25 and a 52-week low of $39.46 on 04/09/25. A 50-day SMA is recorded $46.02, while a 200-day SMA reached $49.99.
Support And Resistance Levels for Sonoco Products Co (SON)
According to the 24-hour chart, there is a support level at 44.76, which, if violated, would cause prices to drop to 44.18. In the upper region, resistance lies at 46.15. The next price resistance is at 46.97. RSI (Relative Strength Index) is 51.92 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.01, which suggests the price will increase in the coming days. Percent R is at 27.94%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
