Owens-Illinois Earnings Preview: Insider Trading Insights

Owens-Illinois is set to announce earnings soon, with a forecast of $1.64 billion in revenue and negative earnings of $0.08 per share. This news could influence stock performance, as insider trading reflects confidence in future growth.

Date: 03-02-2025

AI Rating: 4

Earnings per Share (EPS)
According to the report, Owens-Illinois is projected to post an earnings per share of -$0.08. This indicates a loss, which is typically seen as negative news and may lower investor confidence, reflecting poorly on stock prices.

Revenue Growth
The expected revenue for the company is $1,643,147,227. While this number alone does not provide insight into year-over-year growth, it does indicate a significant scale of operations. If this revenue meets or exceeds projections, it could provide some stability to the stock.

Insider Trading Activity
There has been notable insider trading activity, where insiders have purchased shares rather than sold them. John Humphrey, Randolph B. Burns, and John Haudrich all made substantial purchases, showing a level of confidence in the company’s future performance. This could potentially bolster stock prices, as insider buying is often interpreted as a positive signal.

Hedge Fund Activity
The report mentions both bullish and bearish movements from hedge funds, with several institutional investors bolstering their positions, while others have reduced their stake. Notably, FMR LLC’s sale of over 2.4 million shares could be viewed negatively, while Highland Peak Capital's significant addition may present a more positive outlook. The mixed hedge fund activity reflects uncertainty about the company's future prospects.

Stocks: OI