Sonoco Products(SON) Stock Soars 5% on Insider Buying, Earnings Anticipation

Sonoco Products(SON) stock price rose to its highest level since April 2025 today, with an intraday gain of 0.84%.

The strategy of buying Sonoco Products (SON) shares after they reached a recent high and holding for 1 week showed underperformance. The annualized return was -2.3% over the past five years, significantly lower than the market average. This indicates that this strategy did not capitalize on potential long-term gains, highlighting the importance of considering alternative approaches or adjusting the holding period.

Sonoco Products' recent stock price increase can be attributed to several key factors. Insiders have added $3.33 million worth of stock to their holdings, signaling confidence in the company's future performance. This insider buying is often seen as a positive indicator, as it suggests that those with the most intimate knowledge of the company believe in its prospects.

Additionally, there has been notable trading volume, leading to a 5% rally in the last trading session. This increased trading activity indicates heightened investor interest and optimism surrounding the stock. The company is also scheduled to report its second-quarter 2025 results, which may have fueled further speculation and optimism among investors. The upcoming earnings report is a critical event that can significantly impact the stock price, as investors eagerly await the company's financial performance and guidance for the future.