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Insider Trends: Insider Sale at AptarGroup Slowing 90-Days of Buying

05/10/2021 15:48

07:34 PM EDT, 05/10/2021 (MT Newswires) -- On May 10, 2021, Xiangwei Gong, President, Asia, sold 1,393 shares in AptarGroup (ATR) for $219,732. After the Form 4 filing with the SEC, Gong controls 18,196 shares of the company of which 17,970 shares are held directly and 226 are owned indirectly. These holdings have an approximate market value of $2.87 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 62 insider transactions reported to the SEC for AptarGroup. These transactions came from the activities of 17 separate insiders that resulted in a net acquisition of 52,519 company shares. This compares with the preceding 90-day window of time where there were 4 transactions from 1 insider and resulted in the acquisition of 694 shares.

This is less than the average level of insider transactions in the 6-company Plastic Container & Packaging peer group over the last 90-day period. Within the peer group activity averaged 117.5 transactions per company, with company insiders acquiring on average 280,925 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/896622/000175705121000004/xslF345X03/edgar.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.