Silgan Holdings Inc’s filing revealed that its EVP, Corp. Dev. & Admin. LEWIS ROBERT B unloaded Company’s shares for reported $0.56 million on May 19 ’25. In the deal valued at $55.92 per share,10,000 shares were sold. As a result of this transaction, LEWIS ROBERT B now holds 153,378 shares worth roughly $8.37 million.
Then, ALLOTT ANTHONY J sold 81,152 shares, generating $4,480,889 in total proceeds. Upon selling the shares at $55.22, the Director now owns 367,511 shares.
Before that, LEWIS ROBERT B bought 10,000 shares. Silgan Holdings Inc shares valued at $548,800 were divested by the Officer at a price of $54.88 per share.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late April from “an Outperform” to “a Strong buy”. JP Morgan also remained covering SLGN and has increased its forecast on August 01, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Citigroup revised its rating on July 08, 2024. It rated SLGN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SLGN
On Monday, Silgan Holdings Inc [NYSE:SLGN] saw its stock jump 0.78% to $54.57. Over the last five days, the stock has gained 0.39%. Silgan Holdings Inc shares have risen nearly 4.84% since the year began. Nevertheless, the stocks have risen 20.46% 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 04/09/25.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 54.25, which if violated will result in even more drops to 53.93. On the upside, there is a resistance level at 54.88. A further resistance level may holdings at 55.20.
