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Packaging Corporation of America reported strong Q1 results with an EPS of $2.40, yet PKG stock declined by 2.9% following weaker-than-expected Q2 guidance. Recent filings reveal that Cwm LLC reduced its stake in the company by 35.4% during the fourth quarter, selling 10,873 shares. Insider activity also showed President Thomas Hassfurther selling 12,129 shares of his holdings. The company’s Q2 EPS forecast of $2.33 missed analyst consensus due to scheduled maintenance and rising corporate expenses. This combination of institutional trimming and insider selling, alongside persistent inflationary pressures in freight and energy, has intensified investor caution regarding the firm's near-term performance.
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