The CEO of Party City Holdco (PRTY) is Buying Shares


Today, the CEO of Party City Holdco (PRTY), James M. Harrison, bought shares of PRTY for $504.5K.

Following this transaction James M. Harrison’s holding in the company was increased by 13.66% to a total of $4.44 million.

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PRTY’s market cap is $1.04B and the company has a P/E ratio of 5.82. Currently, Party City Holdco has an average volume of 5M.

Based on 5 analyst ratings, the analyst consensus is Strong Buy with an average price target of $15.60, reflecting a 46.1% upside. Four different firms, including Barclays and Credit Suisse, currently also have a Buy rating on the stock.

The insider sentiment on Party City Holdco has been negative according to 43 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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Party City Holdco, Inc. is a party goods company, which engages in the design, manufacture, and distribution of decorated party goods. It operates through the Wholesale and Retail segments. The Wholesale segments designs, manufactures, contracts for manufacture and distributes party goods.

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