Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.

Packaging Corp. of America is a manufacturer of containerboard and corrugated products. It is the third-largest producer of containerboard products and corrugated packaging, as well as a leading producer of uncoated freesheet paper in North America. The company produces various corrugated packaging products, including conventional shipping containers used to protect and transport manufactured goods. PKG also produces multicolor boxes and displays for packaged retail products and meat boxes and wax-coated boxes for agricultural suppliers. Packaging Corp. of America was founded in 1867. It operates seven mills and 85 corrugated products plants and related facilities. The company has approximately 15,400 employees and is headquartered in Lake Forest, Illinois. The shares are a component of the S&P 500.

As earnings season draws to a close, the insider-sentiment data from Vickers Stock Research suggests that corporate executive, directors, and beneficial owners are in an increasingly positive mood. Yes, short-term worries exist: a new Fed chairman, a still-lingering war in Iran, a recent pop in inflation, and midterm elections that are just around the corner. But also in play is an earnings season that by almost every metric was rock solid. On a scale where readings below 2.00 are bullish, readings between 2.01 and 6.00 are neutral, and readings above 6.01 are bearish, the current NYSE Eight-Week Sell/ Buy Ratio from Vickers is 3.72, which compares to 4.26 last week and 4.88 the week before that. The current Nasdaq Eight-Week Sell/ Buy Ratio is 5.11, which compares to 5.43 last week and 5.57 the week before that. Finally, the Total (all exchanges) Eight-Week Sell/ Buy Ratio is 4.47, which compares to 4.91 last week and 5.23 the week before that. That is progress on all fronts. Drilling down to insider sentiment by sectors, long-term ratios were unchanged over the past week, with all sectors retaining their ratings from last week. Five sectors boast bullish sentiment (Consumer Staples, Financial, Healthcare, Real Estate, and Utility), five sectors have neutral sentiment (Communication Services, Consumer Discretionary, Energy, Industrial, and Materials), and one sector sports a bearish reading (Information Technology). From a shorter-term perspective, the one-week ratios are largely positive, with eight sectors recording bullish readings. Only one sector has a bearish one-week reading (Communication Services), while two sectors are neutral (Energy and Information Technology). This is the second week in a row that eight of the 11 sectors recorded bullish one-week readings. This week, analysts at Vickers highlighted insider transactions of interest at CVS Health Corp. (NYSE: CVS) and Chevron Corp. (NYSE: CVX).

Packaging Corp. of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 5 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. PCA differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.