A Director at Avery Dennison Corp (AVY) is Selling Shares


Today, a Director at Avery Dennison Corp (NYSE: AVY), Anthony Anderson, sold shares of AVY for $133.6K.

Following Anthony Anderson’s last AVY Sell transaction on May 02, 2018, the stock climbed by 2.7%.

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Based on Avery Dennison Corp’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.85 billion and quarterly net profit of $95.6 million. In comparison, last year the company earned revenue of $1.63 billion and had a net profit of $121 million. AVY’s market cap is $9.28B and the company has a P/E ratio of 35.41. Currently, Avery Dennison Corp has an average volume of 186.8K.

Based on 3 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $125.00, reflecting a 18.6% upside.

The insider sentiment on Avery Dennison Corp has been negative according to 45 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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Avery Dennison Corp. engages in the provision of labeling and packaging materials and solutions. Its businesses include the production of pressure-sensitive materials and a variety of tickets, tags, labels, and other converted products.

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