The SR VP CORP. PLANNING of Sonoco Products (SON) is Selling Shares


Today, the SR VP CORP. PLANNING of Sonoco Products (NYSE: SON), Kevin P. Mahoney, sold shares of SON for $63.84K.

Following Kevin P. Mahoney’s last SON Sell transaction on February 25, 2015, the stock climbed by 13.3%.

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Based on Sonoco Products’ latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $1.37 billion and quarterly net profit of $89.41 million. In comparison, last year the company earned revenue of $1.24 billion and had a net profit of $43.13 million. SON’s market cap is $5.55B and the company has a P/E ratio of 23.33. Currently, Sonoco Products has an average volume of 399.9K.

Three different firms, including Barclays and D.A. Davidson, currently also have a Sell rating on the stock.

The insider sentiment on Sonoco Products has been negative according to 62 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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Sonoco Products Co. engages in the manufacture of industrial and consumer packaging products and provides packaging services. It operates through the following segments: Consumer Packaging, Paper and Industrial Converted Products, Display and Packaging, and Protective Solutions.

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