On November 21, 2024, Paul Stecko, a Director at Packaging Corp of America (PKG, Financial), sold 10,500 shares of the company. Following this transaction, the insider now owns 8,881 shares of the company. The details of this transaction can be found in the SEC Filing.
Packaging Corp of America (PKG) is a leading producer of containerboard and corrugated packaging products. The company operates in the United States and is known for its high-quality packaging solutions.
The insider transaction history for Packaging Corp of America indicates that there have been 1 insider buy and 11 insider sells over the past year. This recent sale by Paul Stecko is part of the broader trend of insider selling within the company.
As of the transaction date, shares of Packaging Corp of America were trading at $244.91, giving the stock a market cap of $22,010.291 million. The company's price-earnings ratio stands at 28.57, which is higher than the industry median of 17.395 and also higher than the company’s historical median price-earnings ratio.
With a trading price of $244.91 and a GF Value of $159.85, Packaging Corp of America has a price-to-GF-Value ratio of 1.53. This suggests that the stock is significantly overvalued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
