AptarGroup, Inc. (NYSE:ATR) Insider Gael Touya Sells 10,000 Shares

AptarGroup, Inc. (NYSE:ATR) insider Gael Touya sold 10,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 18th. The shares were sold at an average price of $119.93, for a total value of $1,199,300.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

ATR stock traded down $0.61 during midday trading on Friday, reaching $123.41. 240,997 shares of the company’s stock traded hands, compared to its average volume of 280,722. The stock has a market cap of $7.80 billion, a P/E ratio of 30.85, a price-to-earnings-growth ratio of 2.76 and a beta of 0.79. The company has a current ratio of 2.13, a quick ratio of 1.51 and a debt-to-equity ratio of 0.82. The business has a 50-day moving average of $119.85. AptarGroup, Inc. has a 1-year low of $88.26 and a 1-year high of $126.19.

AptarGroup (NYSE:ATR) last announced its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $1.07 EPS for the quarter, beating the Zacks’ consensus estimate of $0.98 by $0.09. The firm had revenue of $744.46 million for the quarter, compared to analyst estimates of $743.68 million. AptarGroup had a return on equity of 18.90% and a net margin of 7.07%. The business’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period last year, the company earned $0.99 EPS. On average, sell-side analysts anticipate that AptarGroup, Inc. will post 4.36 earnings per share for the current fiscal year.

Institutional investors and hedge funds have recently made changes to their positions in the business. Ffcm LLC bought a new position in AptarGroup in the 4th quarter valued at $25,000. Pearl River Capital LLC bought a new position in shares of AptarGroup in the 4th quarter worth $26,000. NumerixS Investment Technologies Inc bought a new position in shares of AptarGroup in the 4th quarter worth $83,000. Eversept Partners LP bought a new position in shares of AptarGroup in the 4th quarter worth $103,000. Finally, Hilton Capital Management LLC bought a new position in shares of AptarGroup in the 1st quarter worth $132,000. Hedge funds and other institutional investors own 89.94% of the company’s stock.

Several research firms have commented on ATR. Zacks Investment Research cut HANNOVER RUECK/S from a “hold” rating to a “sell” rating in a report on Monday, April 22nd. Deutsche Bank cut Cogent Communications from a “buy” rating to a “hold” rating in a report on Thursday, May 2nd. Bank of America reissued a “neutral” rating and issued a $105.00 target price (up from $95.00) on shares of Childrens Place in a report on Friday, April 5th. Finally, Morgan Stanley set a $36.00 target price on ArcBest and gave the stock a “hold” rating in a report on Monday, July 8th. Two investment analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $111.78.

About AptarGroup

AptarGroup, Inc provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal care, home care, prescription drug, consumer health care, injectable, and food and beverage markets. The company operates through three segments: Beauty + Home, Pharma, and Food + Beverage.

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