Amcor PLC (AMCR) has been the subject of significant interest recently. The company has seen an increase in
insider buying, with the current tally reaching around $2.65m, suggesting confidence amongst key stakeholders. Despite concerns around
weak volumes and dividends, AMCR's stock price has observed an uptick. The company's shares are considered
high dividend-yielding and affordable, making it an attractive pick for potential investors. The
institutional ownership stands at a whopping 65% indicating the credibility of this
packaging giant. Amcor and fellow industry player
Berry Global have received
antitrust clearance from European and US authorities for their combination. However, the company's recent earnings missed estimates, which may cause some investor concern. The
Berry Global merger has positioned Amcor to enhance value for its customers and shareholders significantly. The finalization of this transaction is touted as a
major acquisition for Amcor. However, some investors expressed doubts about the merger's fairness. Additionally, AMCR's CEO
Peter Konieczny purchased $1 million worth of AMCR shares, further demonstrating insider confidence.
Amcor Plcs AMCR News Analytics from Mon, 29 May 2017 04:31:08 GMT to Sat, 14 Jun 2025 08:12:09 GMT -
Rating 7
- Innovation -1
- Information 8
- Rumor -5
