tiprankstipranks
Insider Trading

Top Executives Cash In on Smurfit Westrock Stock

Top Executives Cash In on Smurfit Westrock Stock

New insider activity at Smurfit Westrock ( (SW) ) has taken place on February 21, 2025.

Discover the Best Stocks and Maximize Your Portfolio:

President and Group CEO Anthony P. J. Smurfit has offloaded 78,000 shares of Smurfit Westrock stock, amounting to a sale worth $4,293,120. In a similar move, EVP and Group CFO Ken Bowles sold 24,225 shares, with the transaction totaling $1,333,828.

Recent Updates on SW stock

Recent developments in Smurfit Westrock’s stock include insider transactions and a strong Q4 earnings report. President and CEO Anthony Smurfit sold 78,000 shares, and CFO Ken Bowles sold 24,225 shares, which might influence market perceptions of executive confidence. The company announced the vesting of shares under their Deferred Bonus and Performance Share Plans, indicating alignment between management and shareholders. The earnings call highlighted robust performance with a USD 1.166 billion adjusted EBITDA for Q4, strong synergy from the Smurfit Kappa and Westrock merger, and a positive outlook with planned capital expenditures and a dividend increase. Despite challenges such as energy price volatility and volume declines in Latin America, the company remains optimistic about future growth, supported by strategic initiatives and operational efficiencies.

More about Smurfit Westrock

YTD Price Performance: 3.52%

Average Trading Volume: 3,369,821

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $28.67B

1