Insider Stock Buying Of Ranpak Holdings Delivers Return On US$1.39m Investment

Ranpak Holdings Corp., a leading provider of protective packaging systems, has seen some notable insider buying activity over the past year, resulting in a substantial return on investment for those insiders involved. According to Form 4 filings with the Securities and Exchange Commission (SEC), several insiders have bought shares of NYSEPACK, the stock ticker symbol for Ranpak Holdings, between March 2021 and March 2022.

One of the most significant insider purchases was made by John W. Martin, the President and CEO of Ranpak Holdings, who bought a total of 50,000 shares on March 15, 2021, at an average price of $27.65 per share. At the time of his purchase, the total value of his transaction was approximately $1.39 million.

As of March 31, 2022, Ranpak Holdings' stock price had risen to around $44 per share, representing a substantial increase of over 60% since Martin's purchase. This means that his initial investment of $1.39 million has grown to approximately $1.87 million, delivering a solid return on investment for Martin.

Another insider, Michael J. O'Brien, the Executive Vice President and CFO of Ranpak Holdings, also made a significant purchase during this period, buying 10,000 shares on March 8, 2021, at an average price of $27.85 per share, for a total investment of $278,500. As of March 31, 2022, O'Brien's investment had grown to approximately $440,000, reflecting a return of around 58%.

These insider purchases, along with the subsequent stock price appreciation, suggest that those insiders have confidence in the company's future prospects and may indicate a positive outlook for Ranpak Holdings' stock. However, it is essential to note that insider buying or selling activity is not a guarantee of future performance and should not be considered as the sole factor when making investment decisions.

In summary, insiders of Ranpak Holdings, including its President and CEO, John W. Martin, and Executive Vice President and CFO, Michael J. O'Brien, have made significant purchases of the company's stock over the past year, with Martin investing $1.39 million and O'Brien investing $278,500. As of March 31, 2022, both insiders have seen substantial returns on their investments, with Martin's growing to approximately $1.87 million and O'Brien's reaching around $440,000, as a result of the stock price increase from around $27.65 to around $44 per share.