The SVP of Sealed Air (SEE) is Selling Shares


Today, the SVP of Sealed Air (NYSE: SEE), Emile Chammas, sold shares of SEE for $450.2K.

In addition to Emile Chammas, one other SEE executive reported Sell trades in the last month.

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Based on Sealed Air’s latest earnings report for the quarter ending March 31, the company posted quarterly revenue of $1.13 billion and GAAP net loss of $208 million. In comparison, last year the company earned revenue of $1.03 billion and had a GAAP net loss of $43.1 million. Currently, Sealed Air has an average volume of 512.6K.

Based on 4 analyst ratings, the analyst consensus is Strong Buy with an average price target of $52.00, reflecting a -13.9% downside.

The insider sentiment on Sealed Air has been negative according to 30 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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Sealed Air Corp. engages in the provision of food safety and security, facility hygiene and product protection services. It operates through the following segments: Food Care, Diversey Care, Product Care, and Other.

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