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Avery Dennison Stocks AVY - News Analyzed: 2,833 - Last Week: 78 - Last Month: 444

β‡— Mixed Signals: Insider Activity and Dividend Increase Boost Avery Dennison Stocks AVY Momentum

Mixed Signals: Insider Activity and Dividend Increase Boost Avery Dennison Stocks AVY Momentum
Robeco Institutional Asset Management B.V. recently sold 5876 shares of Avery Dennison Co. (NYSE:AVY), while PNC Financial Services Group Inc. and New York Life Investment Management LLC also decreased their positions. However, Corient Private Wealth LLC and Apollon Wealth Management LLC bought significant amounts of shares. The company's stock has risen 4.6% since its last earnings report. Insiders have reportedly sold their shares in Avery Dennison recently, including Deena Baker-Nel who sold 3000 and Gregory Lovins who sold 2894 shares. Avery Dennison plans to distribute a larger dividend than last year, standing at $0.88, and this news has increased the stock's momentum. Following the recent insider activity and the company's first-quarter results, analysts have updated their forecasts. They believe the company's stock is undervalued and expect the price to increase. Despite these, some still consider investing in Avery Dennison (NYSE:AVY) as risky. Meanwhile, the CleanFlakeβ„’ Technology of Avery Dennison achieved a milestone, driving profitability behind the rise of RFID Adoption in Retail.

Avery Dennison Stocks AVY News Analytics from Mon, 22 Jun 2015 01:47:06 GMT to Sun, 26 May 2024 10:42:28 GMT - Rating 5 - Innovation 2 - Information 6 - Rumor -5

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