Investors Purchase Large Volume of O-I Glass Call Options (NYSE:OI)

Posted by Brian Himes on Jul 3rd, 2026

O-I Glass, Inc. (NYSE:OI – Get Free Report) was the target of some unusual options trading activity on Wednesday. Stock investors purchased 10,026 call options on the company. This represents an increase of approximately 1,104% compared to the average volume of 833 call options.

O-I Glass Stock Performance

NYSE:OI traded down $0.03 during mid-day trading on Friday, hitting $9.76. The company’s stock had a trading volume of 1,729,331 shares, compared to its average volume of 3,074,253. The business’s fifty day moving average is $9.07 and its two-hundred day moving average is $11.91. The stock has a market cap of $1.50 billion, a price-to-earnings ratio of -8.00, a PEG ratio of 1.10 and a beta of 0.62. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.26 and a quick ratio of 0.73. O-I Glass has a 1 year low of $7.75 and a 1 year high of $16.91.

O-I Glass (NYSE:OI – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.04). The company had revenue of $1.54 billion for the quarter, compared to analysts’ expectations of $1.47 billion. O-I Glass had a negative net margin of 2.91% and a positive return on equity of 13.65%. The business’s quarterly revenue was down 1.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.40 EPS. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. Analysts anticipate that O-I Glass will post 1.2 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, SVP Darrow A. Abrahams purchased 2,774 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was acquired at an average price of $9.04 per share, with a total value of $25,076.96. Following the completion of the acquisition, the senior vice president owned 235,928 shares in the company, valued at approximately $2,132,789.12. This represents a 1.19% increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Randolph L. Burns acquired 11,000 shares of the company’s stock in a transaction dated Friday, May 8th. The shares were bought at an average cost of $9.32 per share, for a total transaction of $102,520.00. Following the completion of the acquisition, the senior vice president directly owned 133,932 shares of the company’s stock, valued at approximately $1,248,246.24. The trade was a 8.95% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Over the last quarter, insiders purchased 17,083 shares of company stock valued at $157,312. Insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of OI. PNC Financial Services Group Inc. boosted its position in shares of O-I Glass by 1.9% in the 4th quarter. PNC Financial Services Group Inc. now owns 37,828 shares of the industrial products company’s stock valued at $558,000 after purchasing an additional 701 shares during the period. Barclays PLC lifted its stake in O-I Glass by 0.3% in the fourth quarter. Barclays PLC now owns 246,766 shares of the industrial products company’s stock valued at $3,642,000 after buying an additional 755 shares during the last quarter. Farther Finance Advisors LLC lifted its stake in O-I Glass by 87.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock valued at $26,000 after buying an additional 830 shares during the last quarter. ProShare Advisors LLC boosted its holdings in shares of O-I Glass by 3.1% in the fourth quarter. ProShare Advisors LLC now owns 29,887 shares of the industrial products company’s stock valued at $441,000 after acquiring an additional 911 shares during the period. Finally, Smartleaf Asset Management LLC boosted its holdings in shares of O-I Glass by 64.1% in the second quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock valued at $35,000 after acquiring an additional 918 shares during the period. 97.24% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OI has been the topic of several research analyst reports. Royal Bank Of Canada set a $14.00 price target on O-I Glass in a research note on Friday, April 17th. UBS Group decreased their target price on O-I Glass from $21.00 to $18.00 and set a “buy” rating for the company in a report on Friday, April 10th. Weiss Ratings lowered O-I Glass from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Tuesday. Citigroup cut their price target on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating on the stock in a report on Monday, May 4th. Finally, Truist Financial reissued a “buy” rating and set a $14.00 price target (down from $15.00) on shares of O-I Glass in a research report on Thursday, April 30th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $15.14.

View Our Latest Stock Analysis on O-I Glass

O-I Glass Company Profile

(Get Free Report)

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.