Sonoco Products Co’s recent filing unveils that its Director Haley John R acquired Company’s shares for reported $0.1 million on May 02 ’25. In the deal valued at $44.57 per share,2,246 shares were bought. As a result of this transaction, Haley John R now holds 20,804 shares worth roughly $0.95 million.
Then, Coker R. Howard bought 20,000 shares, generating $823,472 in total proceeds. Upon buying the shares at $41.17, the President & CEO now owns 502,365 shares.
Before that, HILL ROBERT R JR bought 5,475 shares. Sonoco Products Co shares valued at $220,860 were divested by the Director at a price of $40.34 per share. As a result of the transaction, HILL ROBERT R JR now holds 29,540 shares, worth roughly $1.36 million.
Jefferies initiated its Sonoco Products Co [SON] rating to a Buy in a research note published on April 22, 2025; the price target was $62. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. Wells Fargo also remained covering SON and has decreased its forecast on August 21, 2024 with a “an Underweight” recommendation from previously “an Equal weight” rating. Raymond James started covering the stock on July 19, 2024. It rated SON as “an Outperform”.
Price Performance Review of SON
On Monday, Sonoco Products Co [NYSE:SON] saw its stock jump 3.52% to $45.89. Over the last five days, the stock has gained 2.07%. Sonoco Products Co shares have fallen nearly -6.06% since the year began. Nevertheless, the stocks have fallen -21.86% over the past one year. While a 52-week high of $61.73 was reached on 01/28/25, a 52-week low of $39.46 was recorded on 04/09/25. SMA at 50 days reached $45.44, while 200 days put it at $49.61.
Levels Of Support And Resistance For SON Stock
The 24-hour chart illustrates a support level at 45.40, which if violated will result in even more drops to 44.90. On the upside, there is a resistance level at 46.46. A further resistance level may holdings at 47.02. The Relative Strength Index (RSI) on the 14-day chart is 53.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.03%. Stochastics %K at 70.87% indicates the stock is a holding.
