Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of International Paper Company (NYSE:IP). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in International Paper stock on April 14th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
- Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
- Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.
International Paper Price Performance
Shares of International Paper stock traded up $0.40 during trading on Tuesday, reaching $32.87. The company’s stock had a trading volume of 5,469,656 shares, compared to its average volume of 7,735,212. The stock has a 50-day moving average price of $35.87 and a two-hundred day moving average price of $39.43. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.55. International Paper Company has a one year low of $29.45 and a one year high of $56.13. The stock has a market capitalization of $17.40 billion, a P/E ratio of -5.17 and a beta of 0.93.
Hedge Funds Weigh In On International Paper
Several institutional investors have recently modified their holdings of the stock. Bellwether Advisors LLC acquired a new position in shares of International Paper during the 1st quarter worth about $2,615,000. Oslo Pensjonsforsikring AS acquired a new position in shares of International Paper during the 1st quarter worth about $126,000. Amova Asset Management Americas Inc. grew its position in shares of International Paper by 3.9% during the 1st quarter. Amova Asset Management Americas Inc. now owns 21,154 shares of the basic materials company’s stock worth $755,000 after buying an additional 788 shares during the period. Meeder Advisory Services Inc. grew its position in shares of International Paper by 13.3% during the 1st quarter. Meeder Advisory Services Inc. now owns 6,540 shares of the basic materials company’s stock worth $233,000 after buying an additional 767 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of International Paper by 7.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,202,930 shares of the basic materials company’s stock valued at $150,028,000 after purchasing an additional 287,737 shares during the period. 81.95% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling
In other International Paper news, Director Scott Tozier bought 10,000 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was acquired at an average cost of $31.30 per share, with a total value of $313,000.00. Following the purchase, the director owned 10,025 shares in the company, valued at $313,782.50. This trade represents a 40,000.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Anders Gustafsson bought 13,217 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were acquired at an average cost of $37.83 per share, with a total value of $499,999.11. Following the completion of the purchase, the director owned 26,092 shares in the company, valued at $987,060.36. This represents a 102.66% increase in their position. The SEC filing for this purchase provides additional information. Over the last three months, insiders have purchased 36,092 shares of company stock valued at $1,313,064. 0.21% of the stock is owned by company insiders.
Analyst Ratings Changes
Several analysts have weighed in on IP shares. Stifel Nicolaus dropped their price objective on International Paper from $51.80 to $50.70 and set a “buy” rating for the company in a report on Monday, February 9th. JPMorgan Chase & Co. dropped their price objective on International Paper from $46.00 to $43.00 and set a “neutral” rating for the company in a report on Friday, May 1st. Deutsche Bank Aktiengesellschaft started coverage on International Paper in a report on Wednesday, April 1st. They set a “hold” rating and a $38.00 price objective for the company. UBS Group dropped their price objective on International Paper from $40.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, May 4th. Finally, Seaport Research Partners raised International Paper from a “neutral” rating to a “buy” rating and set a $39.00 price objective for the company in a report on Friday, May 1st. Nine analysts have rated the stock with a Buy rating, three have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.73.
Check Out Our Latest Stock Report on IP
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
About International Paper
International Paper is a global producer of renewable fiber-based products, focused primarily on pulp, paper, and packaging. The company manufactures containerboard and corrugated packaging used for shipping and retail display, as well as a range of specialty papers and pulp products that serve industrial, consumer goods, and e-commerce customers. Its product portfolio is oriented toward large-scale packaging solutions, tissue and paper grades, and raw pulp for a variety of manufacturing uses.
Founded in 1898, International Paper is headquartered in Memphis, Tennessee, and is one of the largest and longest-established companies in the forest products sector.
Featured Stories
- Five stocks we like better than International Paper
- Navy Catalyst Ignites Odysight’s Growth Engine
- AST SpaceMobile Plummets on Galactic Q1 Miss: Can Vertical Integration Save the SpaceX Rival?
- Axon Surged After Earnings and Is Still Down Over 50% From Highs
- The Event That Could Redefine Apple’s Summer Rally
Receive News & Ratings for International Paper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for International Paper and related companies with MarketBeat.com's FREE daily email newsletter.
