The EVP – Chief Legal Officer of Berry Plastics is Exercising Options

Today it was reported that the EVP – Chief Legal Officer of Berry Plastics (BERY), Jason Greene, exercised options to sell 10,000 BERY shares at $20.75 a share, for a total transaction value of $500.4K.

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Based on Berry Plastics’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.97 billion and quarterly net profit of $88 million. In comparison, last year the company earned revenue of $1.78 billion and had a net profit of $163 million. BERY’s market cap is $6.52B and the company has a P/E ratio of 16.03. Currently, Berry Plastics has an average volume of 538.8K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $61.00, reflecting a 22.9% upside.

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Berry Global Group, Inc. engages in the provision of value added engineered materials, nonwoven specialty materials and consumer packaging with customized solutions. It operates through the following segments: Consumer Packaging; Health, Hygiene & Specialties; and Engineered Materials.

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