SVP Shirley Donald R. sold 8,000 shares of PKG at $240.20 on 2024-11-12, reducing stake by -33.7% to 15.7K shares.
Shirley Donald R., SVP of Packaging Corp of America, sold 8,000 shares (33.7% of holdings) at $240.20 on 2024-11-12 for $1.9M. The sale occurred near the 52-week high of $241.59, with the stock currently trading at $235.60, down 2.5% from that peak. His prior PKG sale on 2024-07-25 posted a 90-day return of +16.5%, meaning the stock rose after that sale—a poorly-timed outcome from a sell perspective. The cross-ticker track record shows 0 of 1 prior sells were well-timed at 90 days, with an average 90-day return of +16.5%, indicating this insider's sell timing has historically been poor. PKG fundamentals show annual revenue decline of -8.0% and a P/E of 27.36, though the company reported $2.2B in quarterly revenue and $238.1M in net income.
SVP Shirley Donald R. sold 6,000 shares of PKG at $196.28 for $1.2M on July 25, 2024
Shirley Donald R., SVP at Packaging Corp of America, sold 6,000 shares at $196.28 on 2024-07-25, representing a -22.4% reduction in her holdings from 26,772 to 20,772 shares. The sale occurred at a price -0.3% from the 52-week high of $199.00, and the stock has since appreciated 8.7% over the 30-day period and 14.7% over 90 days. The company faces a concerning -8.0% annual revenue decline despite the stock's recent strength, though the reported P/E of 19840.00 appears anomalous. The discrete, material reduction in SVP holdings warrants monitoring as context for assessing executive confidence in the forward outlook.
