BPC Acquisition Corp (NYSE:BERY) President Curt Begle sold 6,397 shares of the business’s stock in a transaction that occurred on Wednesday, October 25th. The stock was sold at an average price of $60.04, for a total value of $384,075.88. Following the sale, the president now directly owns 6,397 shares in the company, valued at approximately $384,075.88. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

  • On Monday, October 23rd, Curt Begle sold 5,440 shares of BPC Acquisition Corp stock. The stock was sold at an average price of $60.03, for a total value of $326,563.20.
  • On Friday, October 20th, Curt Begle sold 22,541 shares of BPC Acquisition Corp stock. The stock was sold at an average price of $60.01, for a total value of $1,352,685.41.

BPC Acquisition Corp (NYSE BERY) traded down 1.163% during midday trading on Friday, reaching $59.935. The company had a trading volume of 349,630 shares. BPC Acquisition Corp has a 52-week low of $42.74 and a 52-week high of $60.60. The company has a market capitalization of $7.82 billion, a P/E ratio of 25.450 and a beta of 1.08. The company’s 50 day moving average is $57.65 and its 200-day moving average is $56.41.

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 analysts’ consensus estimates of $0.83 by $0.10. BPC Acquisition Corp had a net margin of 4.49% and a return on equity of 76.66%. The firm had revenue of $1.91 billion during the quarter, compared to analyst estimates of $1.94 billion. During the same quarter last year, the business posted $0.82 EPS. The company’s revenue was up 15.9% on a year-over-year basis. Equities analysts expect that BPC Acquisition Corp will post $3.04 earnings per share for the current fiscal year.

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A number of institutional investors have recently bought and sold shares of BERY. Acrospire Investment Management LLC boosted its stake in BPC Acquisition Corp by 315.6% in the 2nd quarter. Acrospire Investment Management LLC now owns 2,107 shares of the industrial products company’s stock worth $120,000 after purchasing an additional 1,600 shares during the period. CrestPoint Capital Management LLC acquired a new position in BPC Acquisition Corp in the 2nd quarter worth approximately $205,000. BlueCrest Capital Management Ltd acquired a new position in BPC Acquisition Corp in the 1st quarter worth approximately $218,000. Tocqueville Asset Management L.P. acquired a new position in BPC Acquisition Corp in the 2nd quarter worth approximately $228,000. Finally, Oakbrook Investments LLC acquired a new position in BPC Acquisition Corp in the 3rd quarter worth approximately $246,000. 94.20% of the stock is owned by hedge funds and other institutional investors.

BERY has been the topic of several research analyst reports. BidaskClub lowered BPC Acquisition Corp from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. UBS AG initiated coverage on BPC Acquisition Corp in a research note on Tuesday, July 25th. They set a “buy” rating and a $67.00 price target on the stock. SunTrust Banks, Inc. reissued a “buy” rating and set a $65.00 price target on shares of BPC Acquisition Corp in a research note on Monday, October 2nd. Zacks Investment Research lowered BPC Acquisition Corp from a “buy” rating to a “hold” rating in a research note on Monday, October 16th. Finally, Citigroup Inc. reissued a “buy” rating on shares of BPC Acquisition Corp in a research note on Thursday, August 31st. Five equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. BPC Acquisition Corp currently has an average rating of “Buy” and an average target price of $64.08.

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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