The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Sonoco Products Co shares valued at $100,100 were purchased by Haley John R on May 02 ’25. At $44.57 per share, Haley John R acquired 2,246 shares. The insider’s holdings grew to 20,804 shares worth approximately $0.92 million following the completion of this transaction.
Also, Coker R. Howard purchased 20,000 shares, netting a total of over 823,472 in proceeds. Following the buying of shares at $41.17 each, the insider now holds 502,365 shares.
Before that, HILL ROBERT R JR had added 5,475 shares to its account. In a trade valued at $220,860, the Director bought Sonoco Products Co shares for $40.34 each. Upon closing the transaction, the insider’s holdings increased to 5,475 shares, worth approximately $1.3 million.
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 7.71%. Over the course of the year, Sonoco Products Co shares have dropped approximately -9.60%. 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 $45.55, while a 200-day SMA reached $49.71.
Support And Resistance Levels for Sonoco Products Co (SON)
According to the 24-hour chart, there is a support level at 43.79, which, if violated, would cause prices to drop to 43.42. In the upper region, resistance lies at 44.62. The next price resistance is at 45.08. RSI (Relative Strength Index) is 47.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.22, which suggests the price will decrease in the coming days. Percent R is at 42.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
