The EVP & CFO of Silgan Holdings (SLGN) is Selling Shares


Today, the EVP & CFO of Silgan Holdings (SLGN), Robert B. Lewis, sold shares of SLGN for $126.3K.

Following Robert B. Lewis’ last SLGN Sell transaction on November 01, 2018, the stock climbed by 0.6%. In addition to Robert B. Lewis, one other SLGN executive reported Sell trades in the last month.

See today’s analyst top recommended stocks >>

Based on Silgan Holdings’ latest earnings report for the quarter ending September 30, the company posted quarterly revenue of $1.31 billion and quarterly net profit of $84.74 million. In comparison, last year the company earned revenue of $1.27 billion and had a net profit of $72.38 million. SLGN’s market cap is $2.77B and the company has a P/E ratio of 8.40. Currently, Silgan Holdings has an average volume of 650K.

Based on 5 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $29.00, reflecting a 13.0% upside.

In the last 30 days, insiders have sold $364.8K worth of SLGN shares and purchased $118.8K worth of SLGN shares. The insider sentiment on Silgan Holdings has been negative according to 44 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

Company insider trades are published daily on the SEC (Securities and Exchange Commission). DailyInsider’s proprietary algorithm analyzes these trades and selects the most attractive stocks based on influential insider trades each day. To subscribe to the DailyInsider visit this page.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Silgan Holdings, Inc. engages in the manufacture and sale of rigid packaging for consumer goods products. It operates through the following segments: Metal Container, Closures, Plastic Container, and Corporate. The Metal Container segment includes steel and aluminum containers for human and pet food, and general line products.

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts