Stevanato Group (NYSE:STVN) Shares Down 5.1% – Here’s What Happened

Stevanato Group S.p.A. (NYSE:STVNGet Free Report) shares fell 5.1% during trading on Tuesday . The company traded as low as €19.00 and last traded at €19.55. Approximately 294,577 shares traded hands during mid-day trading, a decline of 45% from the average daily volume of 540,130 shares. The stock had previously closed at €20.59.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on STVN shares. TD Cowen raised Stevanato Group to a “strong-buy” rating in a research note on Wednesday, June 17th. Weiss Ratings upgraded Stevanato Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Thursday, July 16th. Finally, Wolfe Research started coverage on Stevanato Group in a research report on Tuesday, June 2nd. They set an “outperform” rating and a $21.00 price objective for the company. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Buy”.

View Our Latest Analysis on Stevanato Group

Stevanato Group Trading Down 4.1%

The company has a fifty day simple moving average of €18.66 and a two-hundred day simple moving average of €16.97. The company has a current ratio of 1.63, a quick ratio of 1.11 and a debt-to-equity ratio of 0.21. The company has a market cap of $5.98 billion, a PE ratio of 33.35, a P/E/G ratio of 1.77 and a beta of 0.77.

Stevanato Group (NYSE:STVNGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported €0.16 EPS for the quarter, beating analysts’ consensus estimates of €0.15 by €0.01. Stevanato Group had a return on equity of 10.27% and a net margin of 11.76%.Stevanato Group has set its FY 2026 guidance at 0.700-0.720 EPS. Analysts anticipate that Stevanato Group S.p.A. will post 0.71 EPS for the current year.

Insider Transactions at Stevanato Group

In other news, Director Karen Flynn sold 1,493 shares of the stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of €17.09, for a total value of €25,515.37. Following the completion of the sale, the director directly owned 5,757 shares of the company’s stock, valued at approximately €98,387.13. This represents a 20.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director William J. Federici sold 1,493 shares of the firm’s stock in a transaction that occurred on Monday, June 15th. The stock was sold at an average price of €17.09, for a total transaction of €25,515.37. Following the transaction, the director owned 26,991 shares in the company, valued at approximately €461,276.19. This trade represents a 5.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 5,972 shares of company stock worth $102,061 in the last three months.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of STVN. State of Wyoming raised its holdings in shares of Stevanato Group by 39,216.7% in the second quarter. State of Wyoming now owns 2,359 shares of the company’s stock valued at $58,000 after buying an additional 2,353 shares during the last quarter. GW&K Investment Management LLC grew its holdings in shares of Stevanato Group by 76.2% during the fourth quarter. GW&K Investment Management LLC now owns 2,440 shares of the company’s stock worth $49,000 after buying an additional 1,055 shares during the last quarter. Quantbot Technologies LP acquired a new position in Stevanato Group in the 3rd quarter valued at about $68,000. Fifth Third Bancorp increased its position in Stevanato Group by 22.6% in the 1st quarter. Fifth Third Bancorp now owns 4,196 shares of the company’s stock valued at $58,000 after acquiring an additional 773 shares during the period. Finally, Tower Research Capital LLC TRC raised its stake in Stevanato Group by 1,268.7% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,585 shares of the company’s stock valued at $112,000 after acquiring an additional 4,250 shares during the last quarter.

About Stevanato Group

(Get Free Report)

Stevanato Group is a global provider of primary packaging solutions and related services for the pharmaceutical and biotech industries. The company specializes in the design, development and manufacturing of glass drug containers such as vials, cartridges and pre-fillable syringes, as well as advanced inspection systems and assembly equipment. Its integrated offerings cover the entire packaging supply chain, from component production to bespoke filling lines and serialization technology.

In addition to its core glass business, Stevanato Group delivers engineering services and process validation support to pharmaceutical customers.

Further Reading

Receive News & Ratings for Stevanato Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Stevanato Group and related companies with MarketBeat.com's FREE daily email newsletter.