BPC Acquisition Corp (NYSE:BERY) President Curt Begle sold 5,440 shares of the stock in a transaction dated Monday, October 23rd. The shares were sold at an average price of $60.03, for a total value of $326,563.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Curt Begle also recently made the following trade(s):

  • On Friday, October 20th, Curt Begle sold 22,541 shares of BPC Acquisition Corp stock. The shares were sold at an average price of $60.01, for a total value of $1,352,685.41.

Shares of BPC Acquisition Corp (NYSE BERY) traded up 0.40% on Tuesday, hitting $59.76. The stock had a trading volume of 855,193 shares. The firm’s 50-day moving average price is $57.48 and its 200 day moving average price is $56.30. The firm has a market cap of $7.79 billion, a PE ratio of 25.38 and a beta of 1.08. BPC Acquisition Corp has a 52-week low of $42.74 and a 52-week high of $60.12.

BPC Acquisition Corp (NYSE:BERY) last announced its earnings results on Thursday, August 3rd. The industrial products company reported $0.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.83 by $0.10. The firm had revenue of $1.91 billion during the quarter, compared to analysts’ expectations of $1.94 billion. BPC Acquisition Corp had a return on equity of 76.66% and a net margin of 4.49%. The business’s revenue was up 15.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.82 EPS. On average, equities research analysts predict 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 analyst reports. SunTrust Banks, Inc. upgraded BPC Acquisition Corp from a “hold” rating to a “buy” rating and increased their price target for the company from $51.00 to $65.00 in a research note on Monday, June 26th. Royal Bank Of Canada reiterated a “buy” rating and issued a $63.00 price target on shares of BPC Acquisition Corp in a research note on Wednesday, July 12th. Jefferies Group LLC restated a “buy” rating and issued a $67.00 price objective (up from $63.00) on shares of BPC Acquisition Corp in a research note on Friday, July 14th. UBS AG began coverage on BPC Acquisition Corp in a research note on Tuesday, July 25th. They issued a “buy” rating and a $67.00 price objective for the company. Finally, BidaskClub cut BPC Acquisition Corp from a “hold” rating to a “sell” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a sell rating, five have issued a hold rating and ten have assigned a buy rating to the company. BPC Acquisition Corp has a consensus rating of “Buy” and a consensus price target of $64.08.

Institutional investors and hedge funds have recently bought and sold shares of the business. 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 acquiring an additional 1,600 shares during the last quarter. CrestPoint Capital Management LLC purchased a new stake in BPC Acquisition Corp during the 2nd quarter valued at approximately $205,000. BlueCrest Capital Management Ltd purchased a new stake in BPC Acquisition Corp during the 1st quarter valued at approximately $218,000. Tocqueville Asset Management L.P. purchased a new stake in BPC Acquisition Corp during the 2nd quarter valued at approximately $228,000. Finally, Oakbrook Investments LLC purchased a new stake in BPC Acquisition Corp during the 3rd quarter valued at approximately $246,000. 94.20% of the stock is owned by hedge funds and other institutional investors.

About BPC Acquisition Corp

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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