Saab, International Paper SVP, sells $409k in stock

Published 18/09/2025, 14:42
Saab, International Paper SVP, sells $409k in stock

Joseph R. Saab, SVP, GC and Corp. Secretary at International Paper (NYSE:IP), sold 9,000 shares of common stock on September 16, 2025, for approximately $409,814. The shares were sold at prices ranging from $45.50 to $45.58. The stock currently trades at $46.94, slightly above the insider’s sale price. According to InvestingPro analysis, International Paper, with a market cap of $24.9 billion, maintains a 55-year track record of consistent dividend payments, currently yielding 3.94%.

Following the transaction, Saab directly owns 27,673 shares of International Paper. Saab also indirectly owns 14,394 shares through the International Paper Salaried Savings Plan. While the company faces near-term challenges, InvestingPro data shows analysts expect profitability to return this year. Get detailed insights and 6 additional exclusive ProTips with an InvestingPro subscription.

In other recent news, International Paper reported its Q2 2025 earnings, which revealed a significant miss in earnings per share (EPS). The company posted an EPS of $0.20, falling short of the $0.39 forecast, marking a 48.72% negative surprise. However, revenue exceeded expectations, reaching $6.77 billion against a forecast of $6.57 billion. Additionally, International Paper announced a definitive agreement to sell its Global Cellulose Fibers business to American Industrial Partners for $1.5 billion, subject to closing adjustments. The transaction is expected to close by the end of the year, pending regulatory approvals. Analyst activity surrounding International Paper has been mixed, with UBS reiterating its Buy rating based on cost savings and new business wins. Conversely, JPMorgan downgraded the stock from Overweight to Neutral following the earnings miss, citing weakness in the company’s EMEA segment. These developments provide investors with key insights into International Paper’s current financial and strategic landscape.

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