O-I Glass Inc (NYSE: OI) is 37.16% higher on its value in year-to-date trading and has touched a low of $9.23 and a high of $15.57 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OI stock was last observed hovering at around $15.51 in the last trading session, with the day’s loss setting it -14.0%.
Currently trading at $1.51M, the stock is 8.66% and 14.12% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.85 million and changing 3853081% at the moment leaves the stock 23.96% off its SMA200. OI registered 38.93% gain for a year compared to 6-month gain of 48.52%.
The stock witnessed a 15.31% loss in the last 1 month and extending the period to 3 months gives it a 25.29%, and is 7.42% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.69% over the week and 2.87% over the month.
O-I Glass Inc (OI) has around 21000 employees, a market worth around $2.33B and $6.50B in sales. Fwd P/E is 8.15. Profit margin for the company is -2.98%. Distance from 52-week low is 63.22% and -3.28% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.29%).
The EPS is expected to grow by 72.18% this year.
O-I Glass Inc (OI) Top Institutional Holders
The shares outstanding are 154.68M, and float is at 150.90M with Short Float at 4.13%.
The top institutional shareholder in the company is BLACKROCK INC. with over 24.02 million shares valued at $267.31 million. The investor’s holdings represent 15.4671% of the OI Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 19.4 million shares valued at $215.91 million to account for 12.4927 of the shares outstanding. The other top investors are FMR LLC which holds 11.82 million shares representing 7.6128% and valued at over $131.57 million, while COOPER CREEK PARTNERS MANAGEMENT LLC holds 5.04 of the shares totaling 7.83 million with a market value of $87.1 million.
O-I Glass Inc (OI) Insider Activity
The most recent transaction is an insider sale by AUJOUANNET ARNAUD, the company’s SVP & Chief Sales & Marketing. SEC filings show that AUJOUANNET ARNAUD sold 28,763 shares of the company’s common stock on May 08 ’25 at a price of $13.00 per share for a total of $0.37 million. Following the sale, the insider now owns 0.11 million shares.
O-I Glass Inc disclosed in a document filed with the SEC on May 07 ’25 that AUJOUANNET ARNAUD (SVP & Chief Sales & Marketing) sold a total of 1,237 shares of the company’s common stock. The trade occurred on May 07 ’25 and was made at $12.95 per share for $16021.0. Following the transaction, the insider now directly holds 0.14 million shares of the OI stock.
