Pactiv Evergreen Inc PTVE Stock Quotes and Insider News

Insider Chart Past 6 Months

Technical Chart

Filings by transaction date

Mar 12, 2024 (filed on Mar 13, 2024)

Insider Name:

King Michael Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-27,371

Price:

$13.23
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Owenby Douglas

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mitchell Chandra J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Levenda Tim A.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

52,356

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

King Michael Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

260,279

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Baksht Jonathan

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

74,519

Price:

--
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-11,161

Price:

$13.26
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,777

Price:

--
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Owenby Douglas

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-9,734

Price:

$13.26

Filings by filing date

Mar 12, 2024 (filed on Mar 13, 2024)

Insider Name:

King Michael Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-27,371

Price:

$13.23
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Owenby Douglas

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Mitchell Chandra J

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

38,077

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Levenda Tim A.

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

52,356

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

King Michael Jack

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

260,279

Price:

--
Mar 06, 2024 (filed on Mar 08, 2024)

Insider Name:

Baksht Jonathan

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

74,519

Price:

--
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-11,161

Price:

$13.26
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Wulf Eric

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

A - Grant, award or other under Rule 16b-3(d)

# or value acquired/disposed of:

1,777

Price:

--
Mar 02, 2024 (filed on Mar 05, 2024)

Insider Name:

Owenby Douglas

Ownership Type:

Direct Ownership

Securities:

Common Stock

Nature of Transaction:

F - Payment of exercise price or tax liability, exercise or vesting of a security under Rule 16b-3

# or value acquired/disposed of:

-9,734

Price:

$13.26

News

Biz Brief

Sector: Basic Materials	Industry: Non-Paper Containers & Packaging

See Regulatory Filings on SEC

Company Contact

Address:	1900 W. Field Court LAKE FOREST IL 60045
Tel:	N/A
Website:	https://pactivevergreen.com
IR:	See website

Key People

Michael Jack King President, Chief Executive Officer, Director	Jonathan Baksht Chief Financial Officer	Curt Worthington Vice President - Strategy, Investor Relations
Timothy A. Levenda President - Foodservice	Byron Jason Racki President - Beverage Merchandising	Eric A. Wulf President - Food Merchandising
Douglas E. Owenby Chief Operating Officer	Chandra J. Mitchell Chief Legal Officer, Corporate Secretary

Business Overview

Pactiv Evergreen Inc. is a manufacturer and distributor of fresh foodservice and food merchandising products and fresh beverage cartons in North America. The Company operates through two segments: Foodservice and Food and Beverage Merchandising. Its Foodservice segment manufactures food containers, drinkware (hot and cold cups and lids), tableware, service ware and other products which make eating on-the-go. Its Food and Beverage Merchandising segment products include cartons for fresh refrigerated beverage products, primarily serving dairy (including plant-based, organic and specialties), juice and other specialty beverage end-markets, clear rigid-display containers, containers for prepared and ready-to-eat food, trays for meat and poultry and egg cartons. It also produces fiber-based liquid packaging board. It supplies products to a diversified mix of companies, including full-service restaurants, quick service restaurants, foodservice distributors, supermarkets, and food processors.

Financial Overview

For the three months ended 31 March 2024, Pactiv Evergreen Inc revenues decreased 13% to $1.25B. Net income applicable to common stockholders totaled $10M vs. loss of $135M. Revenues reflect Net revenues decrease of 18% to $1.17B. Net Income reflects Restructuring, asset impairment and othe decrease of 77% to $17M (expense), Non-operating income (expense), net decrease from $1M (expense) to $0K. Dividend per share remained flat at $0.10.

Employees:	15,000 as of Dec 31, 2023

Reporting Currency:	U.S. Dollars
Enterprise value:	$5,861M as of Mar 31, 2024
Annual revenue (TTM):	$5,331M as of Mar 31, 2024
EBITDA (TTM):	$812.00M as of Mar 31, 2024
Net annual income (TTM):	-$83.00M as of Mar 31, 2024
Free cash flow (TTM):	$79.00M as of Mar 31, 2024
Net Debt Last Fiscal Year:	$3,514M as of Mar 31, 2024
Shares outstanding:	179,149,463 as of Apr 8, 2024
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization