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Graphic Packaging Holding Company (NYSE:GPK) SVP Michael R. Schmal sold 40,000 shares of the stock on the open market in a transaction dated Monday, June 2nd. The stock was sold at an average price of $11.02, for a total transaction of $440,800.00. Following the completion of the sale, the senior vice president now directly owns 484,127 shares in the company, valued at approximately $5,335,080. The transaction 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 down 1.23% on Wednesday, hitting $11.23. The stock had a trading volume of 5,658,352 shares. Graphic Packaging Holding Company has a one year low of $7.28 and a one year high of $11.41. The stock has a 50-day moving average of $10.45 and a 200-day moving average of $9.85. The company has a market cap of $3.672 billion and a P/E ratio of 26.50.

Graphic Packaging Holding Company (NYSE:GPK) last released its earnings data 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.

GPK has been the subject of a number of recent research reports. 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 research analyst has rated the stock with a hold rating and four have given a buy rating to the company. The stock 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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