Insider Selling: Larry Goldstein Unloads 9,340 Shares of Berry Plastics Group Stock (BERY)
Berry Plastics Group (NASDAQ:BERY) President Larry Goldstein unloaded 9,340 shares of Berry Plastics Group stock in a transaction dated Thursday, August 21st. The shares were sold at an average price of $24.30, for a total transaction of $226,962.00. Following the completion of the sale, the president now directly owns 21,094 shares in the company, valued at approximately $512,584. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
Separately, analysts at Bank of America raised their price target on shares of Berry Plastics Group to $29.00 in a research note on Monday, August 4th. One investment analyst has rated the stock with a sell rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $29.67.
Shares of Berry Plastics Group (NASDAQ:BERY) traded down 1.08% during mid-day trading on Monday, hitting $23.80. 748,330 shares of the company’s stock traded hands. Berry Plastics Group has a 52-week low of $18.09 and a 52-week high of $26.50. The stock has a 50-day moving average of $25.03 and a 200-day moving average of $24.06. The company has a market cap of $2.797 billion and a P/E ratio of 49.30.
Berry Plastics Group (NASDAQ:BERY) last announced its earnings results on Friday, August 1st. The company reported $51.00 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.37 by $50.63. The company had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.30 billion. Analysts expect that Berry Plastics Group will post $1.34 EPS for the current fiscal year.
Berry Plastics Group, Inc (NASDAQ:BERY) is a provider of plastic consumer packaging and engineered materials.
Receive News & Ratings for Berry Plastics Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berry Plastics Group Inc and related companies with Analyst Ratings Network's FREE daily email newsletter.