BPC Acquisition Corp (NYSE:BERY) President Curt Begle sold 22,541 shares of the stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $60.01, for a total transaction of $1,352,685.41. Following the completion of the transaction, the president now directly owns 17,189 shares of the company’s stock, valued at approximately $1,031,511.89. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of BPC Acquisition Corp (NYSE BERY) traded down 0.60% during midday trading on Monday, reaching $59.52. The company had a trading volume of 572,617 shares. The firm has a market capitalization of $7.76 billion, a price-to-earnings ratio of 25.27 and a beta of 1.08. BPC Acquisition Corp has a 12-month low of $42.74 and a 12-month high of $60.12. The company has a 50 day moving average of $57.41 and a 200 day moving average of $56.09.

BPC Acquisition Corp (NYSE:BERY) last posted its quarterly earnings data on Thursday, August 3rd. The industrial products company reported $0.93 EPS for the quarter, topping the consensus estimate of $0.83 by $0.10. BPC Acquisition Corp had a return on equity of 76.66% and a net margin of 4.49%. The firm had revenue of $1.91 billion for the quarter, compared to the consensus estimate of $1.94 billion. During the same quarter last year, the company earned $0.82 earnings per share. The business’s revenue for the quarter was up 15.9% compared to the same quarter last year. Analysts anticipate that BPC Acquisition Corp will post $3.04 EPS for the current year.

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BERY has been the subject of a number of research reports. UBS AG started coverage on shares of BPC Acquisition Corp in a report on Tuesday, July 25th. They issued a “buy” rating and a $67.00 target price for the company. Jefferies Group LLC reiterated a “buy” rating and issued a $67.00 price objective (up previously from $63.00) on shares of BPC Acquisition Corp in a report on Friday, July 14th. Royal Bank Of Canada reiterated a “buy” rating and issued a $63.00 price objective on shares of BPC Acquisition Corp in a report on Wednesday, July 12th. SunTrust Banks, Inc. upgraded shares of BPC Acquisition Corp from a “hold” rating to a “buy” rating and raised their price objective for the company from $51.00 to $65.00 in a report on Monday, June 26th. Finally, Robert W. Baird restated a “buy” rating and set a $65.00 price target on shares of BPC Acquisition Corp in a report on Friday, September 1st. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $64.08.

A number of institutional investors and hedge funds have recently modified their holdings of BERY. Acrospire Investment Management LLC raised its stake in BPC Acquisition Corp by 315.6% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,107 shares of the industrial products company’s stock valued at $120,000 after purchasing an additional 1,600 shares during the period. CrestPoint Capital Management LLC bought a new stake in BPC Acquisition Corp during the 2nd quarter valued at approximately $205,000. BlueCrest Capital Management Ltd bought a new stake in BPC Acquisition Corp during the 1st quarter valued at approximately $218,000. Tocqueville Asset Management L.P. bought a new stake in BPC Acquisition Corp during the 2nd quarter valued at approximately $228,000. Finally, Oakbrook Investments LLC bought a new stake in BPC Acquisition Corp during the 3rd quarter valued at approximately $246,000. 93.88% of the stock is currently owned by institutional investors.

BPC Acquisition Corp Company Profile

Berry Global Group, Inc, formerly Berry Plastics Group, Inc, is a provider of value-added plastic consumer packaging, non-woven specialty materials and engineered materials. The Company offers products, such as closures, prescription vials, specialty films, adhesives, nonwovens, drink cups, containers and bottles.

Insider Buying and Selling by Quarter for BPC Acquisition Corp (NYSE:BERY)

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