AptarGroup CEO Sells $1,618,000 in Stock (ATR)
AptarGroup (NYSE:ATR) CEO Stephen J. Hagge sold 25,000 shares of the stock on the open market in a transaction dated Wednesday, February 19th. The shares were sold at an average price of $64.72, for a total value of $1,618,000.00. Following the sale, the chief executive officer now directly owns 52,642 shares of the company’s stock, valued at approximately $3,406,990. The sale was disclosed in a legal filing with the SEC, which is available at this link.
AptarGroup (NYSE:ATR) traded down 0.19% during mid-day trading on Thursday, hitting $64.40. The stock had a trading volume of 105,522 shares. AptarGroup has a 52 week low of $51.95 and a 52 week high of $68.78. The stock has a 50-day moving average of $65.30 and a 200-day moving average of $62.93. The company has a market cap of $4.231 billion and a P/E ratio of 25.60.
AptarGroup (NYSE:ATR) last posted its quarterly earnings results on Friday, February 7th. The company reported $0.69 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.03. The company had revenue of $637.30 million for the quarter, compared to the consensus estimate of $602.40 million. During the same quarter last year, the company posted $0.55 earnings per share. AptarGroup’s revenue was up 11.5% compared to the same quarter last year. Analysts expect that AptarGroup will post $3.05 EPS for the current fiscal year.
AptarGroup, Inc, is a global solution provider of a range of packaging delivery solutions primarily for the beauty, personal care, home care, pharmaceutical, food and beverage markets.
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