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Graphic Packaging Holding Company (NYSE:GPK) CEO David W. Scheible unloaded 75,000 shares of the company’s stock on the open market in a transaction that occurred on Friday, May 9th. The shares were sold at an average price of $10.40, for a total transaction of $780,000.00. Following the sale, the chief executive officer now directly owns 972,380 shares in the company, valued at approximately $10,112,752. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Shares of Graphic Packaging Holding Company (NYSE:GPK) traded up 0.77% during mid-day trading on Monday, hitting $10.49. 925,700 shares of the company’s stock traded hands. Graphic Packaging Holding Company has a one year low of $7.28 and a one year high of $10.64. The stock’s 50-day moving average is $10.12 and its 200-day moving average is $9.56. The company has a market cap of $3.430 billion and a price-to-earnings ratio of 24.27.

Graphic Packaging Holding Company (NYSE:GPK) last posted its quarterly earnings results on Thursday, April 24th. The company reported $0.13 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.13. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.06 billion. During the same quarter last year, the company posted $0.10 earnings per share. Graphic Packaging Holding Company’s revenue was down 2.5% compared to the same quarter last year. Analysts expect that Graphic Packaging Holding Company will post $0.65 EPS for the current fiscal year.

A number of analysts have recently weighed in on GPK shares. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of Graphic Packaging Holding Company in a research note on Monday, April 28th. They now have a $12.00 price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Graphic Packaging Holding Company from $12.00 to $13.00 in a research note on Monday, April 28th. They now have a “buy” rating on the stock. Finally, analysts at Longbow Research reiterated a “buy” rating on shares of Graphic Packaging Holding Company in a research note on Friday, April 25th. They now have a $12.50 price target on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $11.26.

Graphic Packaging Holding Company (NYSE:GPK) is a provider of packaging solutions for a variety of products to food, beverage and other consumer products companies.

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