Today, a Director at Crown Holdings (NYSE: CCK), William Urkiel, bought shares of CCK for $66.45K.
Following this transaction William Urkiel’s holding in the company was increased by 3.52% to a total of $1.96 million. This is Urkiel’s first transaction since reporting a Buy transaction on RRTS back in November 2015
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Based on Crown Holdings’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $3.05 billion and quarterly net profit of $132 million. In comparison, last year the company earned revenue of $2.17 billion and had a net profit of $128 million. CCK’s market cap is $6B and the company has a P/E ratio of 19.22. Currently, Crown Holdings has an average volume of 884.9K.
Based on 6 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $59.00, reflecting a -24.6% downside. 13 different firms, including Barclays and BMO Capital, currently also have a Buy rating on the stock. Starting in July 2018, CCK received 4 Buy ratings in a row.
The insider sentiment on Crown Holdings has been positive according to 70 insider trades in the past three months. This sentiment is slightly higher than the average sentiment of company insiders in this sector.
William Urkiel’s trades have generated a 41.1% average return based on past transactions. DailyInsider proprietary algorithm detects trades by the most influential insiders and selects attractive trading opportunities daily. To subscribe to the DailyInsider visit this page.
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Crown Holdings, Inc. engages in the design, manufacture and sale of packaging products for consumer goods. It operates through the following geographical divisions: Americas, European, and Asia-Pacific. The Americas division includes operations in the U.S., Brazil, Canada, the Caribbean, Colombia and Mexico.
