Haynes Ernest D III, an insider at Sonoco Products Co (SON), sold 1,650 shares of the company on November 2, 2025, at a price of $40.57 per share, resulting in a total transaction value of approximately $67,000. Following this sale, he retains 1,650 shares of the company.
Sonoco Products Co, headquartered in Hartsville, South Carolina, specializes in manufacturing industrial and consumer packaging products. The company employs around 28,000 full-time workers and operates through two main segments: Consumer Packaging and Industrial Paper Packaging. Its Consumer Packaging offerings include rigid packaging solutions primarily for the food, beverage, household, personal, and pharmaceutical markets, while the Industrial Paper Packaging segment focuses on products made from recycled fiber, including paperboard tubes and protective materials.
The recent insider transaction highlights the importance of monitoring insider activity as part of broader investment considerations. While insider selling can arise from various personal or financial motivations, it is essential for investors to analyze such transactions in context, considering patterns across multiple insiders and time periods.
As of November 20, 2025, Sonoco Products Co has a market capitalization of $3.9 billion, a P/E ratio of 6.28, and an EPS of 6.30. The company is expected to report its next earnings on April 27, 2026, with an estimated EPS of $1.29 and revenue of $1.8 billion. Investors may find it beneficial to observe how insider transactions align with the company's overall performance and market trends.