Crown Holdings Inc. (CCK) Insider Trading: What Insights Can Be Gained?

As of Thursday close, Crown Holdings Inc.’s (NYSE:CCK) stock was down -$6.87, moving down -6.92 percent to $92.44. The average number of shares traded per day over the past five days has been 1,383,100 shares. 1 time new highs have been achieved over the past 5 days, with a -$7.75 fall in that time frame. In the last twenty days, the average volume was 1,267,765, while in the previous 50 days, it was 1,247,492.

Since last month, CCK stock rose 1.49%. Shares of the company fell to $85.85 on 07/14/22, the lowest level in the past month. A 52-week high of $130.42 was reached on 03/25/22 after having rallying from a 52-week low of $85.85. Since the beginning of this year, CCK’s stock price has dropped by -16.43% or -$18.18, and marked a new high 18 times. However, the stock has declined by -29.12% since its 52-week high.


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Crown Holdings Inc. (CCK) last reported insider trading activity 66 days ago on May 31. NOVAES DJALMA JR, the President – Americas Division of the company, disposed of 5,000 shares for $105.38 on May 31. It resulted in a $526,900 divestment by the insider. GOH HOCK HUAT sold 5,623 shares at an average price of $124.92 on Mar 14. The insider now owns 43,290 shares following the transaction. On Mar 07, President – Asia Pacific Div. GOH HOCK HUAT sold 2,030 shares at $125.19 apiece. The transaction was valued at $254,146.

Valuation Metrics

The stock’s beta is 1.14. Besides these, the trailing price-to-sales (P/S) ratio of 0.85, the price-to-book (PB) ratio of 6.28.

The latest dividend of $0.22 per share was paid out, remained unchanged from last year’s $0.22. On Thursday February 24 2022, a $0.02 dividend increase was announced.

Financial Health

In the three months ended June 29, Crown Holdings Inc.’s quick ratio stood at 0.60, while its current ratio was 1.00, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 3.11, and the total debt-to-equity ratio was 3.78. On the profitability front, the trailing twelve-month gross margin is 19.30% percent. In the year ended June 29, operating margins totaled -1.70%. Based on annual data, CCK earned $1.92 billion in gross profit and brought in $11.39 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -1.90%. Return on equity (ROE) for the past 12 months was -26.50%.

In Crown Holdings Inc.’s quarter-end financial report for June 29, it reported total debt of $5.47 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. CCK’s revenue rose 12.31% to $3.16 billion during the quarter, while net income inched up to $3.51 billion. While analysts expected Crown Holdings Inc. to report $2.02 quarterly earnings, the actual figure was $2.1 per share, beating the consensus estimate by 4.00%. During the quarter, the company generated $582.0 million in EBITDA. The liabilities of Crown Holdings Inc. were 12.21 billion at the end of its most recent quarter ended June 29, and its total debt was $6.63 billion. The value of shareholders’ equity is $121.17 million.

Technical Picture

This quick technical analysis looks at Crown Holdings Inc.’s (CCK) price momentum. With a historical volatility rate of 43.69%, the RSI 9-day stood at 39.02% on 04 August.

With respect to its five-day moving average, the current Crown Holdings Inc. price is down by -7.74% percent or -$7.75. At present, CCK shares trade +1.20% above its 20-day simple moving average and -23.87% percent below its 100-day simple moving average. However, the stock is currently trading approximately -9.51% below its SMA50 and -10.10% below its SMA200.

Stochastic coefficient K was 66.14% and Stochastic coefficient D was 81.19%, while ATR was 3.56. Given the Stochastic reading of 33.53% for the 14-day period, the RSI (14) reading has been calculated as 43.31%. As of today, the MACD Oscillator reading stands at -1.13, while the 14-day reading stands at 0.56.

Analyst Ratings

Crown Holdings Inc. downgraded its rating on Crown Holdings Inc. (NYSE: CCK) to an Equal weight in a note to investors on June 09, 2022. The analysts firm previously had an Overweight rating on the stock.Crown Holdings Inc. (CCK) has been rated Overweight by analysts. According to 0 brokerage firms, CCK is a sell, and 4 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Crown Holdings Inc. stock as buy, with 12 recommending it as overweight.

With a median target price of $125.00, the current consensus forecast for the stock is $103.00 – $151.00. Based on these forecasts, analysts predict Crown Holdings Inc. (CCK) will achieve an average price target of $123.88.

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