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 Stock Performance
Shares of NYSE:IP traded up $0.40 during trading on Tuesday, reaching $32.87. 5,469,656 shares of the company’s stock traded hands, compared to its average volume of 7,284,549. The company has a debt-to-equity ratio of 0.55, a current ratio of 1.21 and a quick ratio of 0.94. International Paper Company has a 12 month low of $29.45 and a 12 month high of $56.13. The company has a 50 day moving average of $36.08 and a 200-day moving average of $39.53. The stock has a market capitalization of $17.40 billion, a P/E ratio of -5.17 and a beta of 0.93.
Wall Street Analyst Weigh In
IP has been the subject of several recent analyst reports. Truist Financial decreased their target price on shares of International Paper from $48.00 to $44.00 and set a “buy” rating for the company in a research report on Wednesday, April 15th. Wells Fargo & Company raised shares of International Paper from an “equal weight” rating to an “overweight” rating and upped their price target for the stock from $38.00 to $39.00 in a research note on Monday, May 4th. Weiss Ratings lowered shares of International Paper from a “sell (d+)” rating to a “sell (d)” rating in a research note on Monday, April 27th. Stifel Nicolaus reduced their price target on shares of International Paper from $51.80 to $50.70 and set a “buy” rating for the company in a research note on Monday, February 9th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of International Paper in a research note on Wednesday, April 1st. They issued a “hold” rating and a $38.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $43.73.
Read Our Latest Report on International Paper
Insider Buying and Selling
In other news, Director Scott Tozier purchased 10,000 shares of the business’s stock in a transaction dated Friday, May 1st. The shares were acquired at an average price of $31.30 per share, for a total transaction of $313,000.00. Following the completion of the acquisition, the director directly owned 10,025 shares of the company’s stock, valued at $313,782.50. The trade was a 40,000.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Anders Gustafsson purchased 13,217 shares of the business’s stock in a transaction dated Thursday, March 12th. The shares were purchased at an average price of $37.83 per share, for a total transaction of $499,999.11. Following the acquisition, the director directly owned 26,092 shares of the company’s stock, valued at $987,060.36. This trade represents a 102.66% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have bought 36,092 shares of company stock worth $1,313,064 in the last 90 days. 0.21% of the stock is owned by company insiders.
Institutional Trading of International Paper
Several institutional investors and hedge funds have recently added to or reduced their stakes in IP. Dynamic Technology Lab Private Ltd acquired a new stake in International Paper during the first quarter valued at approximately $249,000. Intech Investment Management LLC lifted its stake in International Paper by 100.5% during the first quarter. Intech Investment Management LLC now owns 32,025 shares of the basic materials company’s stock valued at $1,709,000 after purchasing an additional 16,055 shares during the last quarter. Cresset Asset Management LLC lifted its stake in International Paper by 20.8% during the second quarter. Cresset Asset Management LLC now owns 17,345 shares of the basic materials company’s stock valued at $812,000 after purchasing an additional 2,981 shares during the last quarter. Jump Financial LLC lifted its stake in International Paper by 280.9% during the second quarter. Jump Financial LLC now owns 38,092 shares of the basic materials company’s stock valued at $1,784,000 after purchasing an additional 28,092 shares during the last quarter. Finally, Cerity Partners LLC lifted its stake in International Paper by 8.0% during the second quarter. Cerity Partners LLC now owns 33,749 shares of the basic materials company’s stock valued at $1,580,000 after purchasing an additional 2,493 shares during the last quarter. 81.95% of the stock is owned by institutional investors and hedge funds.
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.
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