What Did This CEO Just Do with Personal Shares of Silgan Holdings (SLGN)?


Today, the President & CEO of Silgan Holdings (SLGN), Anthony Allott, sold shares of SLGN for $1.15M.

Following Anthony Allott’s last SLGN Sell transaction on March 19, 2015, the stock climbed by 1.0%.

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Based on Silgan Holdings’ latest earnings report for the quarter ending December 31, the company posted quarterly revenue of $1.07 billion and quarterly net profit of $38.2 million. In comparison, last year the company earned revenue of $996 million and had a net profit of $146 million. SLGN’s market cap is $3.15B and the company has a P/E ratio of 14.18. Currently, Silgan Holdings has an average volume of 312.5K.

Based on 4 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $30.00, reflecting a 5.0% upside.

The insider sentiment on Silgan Holdings 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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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.

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