Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Union Pacific Corporation shares valued at $1,004,500 were sold by Rocker Kenyatta G on Apr 21. At $250.00 per share, Rocker Kenyatta G sold 4,018 shares. The insider’s holdings dropped to 41,177 shares worth approximately $8.72 million following the completion of this transaction.
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Also, Whited Elizabeth F sold 2,510 shares, netting a total of over 614,950 in proceeds. Following the sale of shares at $245.00 each, the insider now holds 34,111 shares.
Before that, Whited Elizabeth F had sold 7,500 shares from its account. In a trade valued at $1,801,556, the EVP & CHIEF HR OFFICER traded Union Pacific Corporation shares for $240.21 each. Upon closing the transaction, the insider’s holdings decreased to 7,500 shares, worth approximately $7.23 million.
As published in a research note from Bernstein on September 14, 2022, Union Pacific Corporation [UNP] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $230 from $234. This represents a 7.87% premium over Wednesday’s closing price. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid September. As of August 26, 2022, Daiwa Securities has decreased its “an Outperform” rating to a “Neutral” for UNP. Earlier on July 12, 2022, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for UNP stock which previously was a “an Overweight”.
Analyzing UNP’s Price Performance
On Wednesday, Union Pacific Corporation [NYSE: UNP] plunged -0.65% to $211.89. The stock’s lowest price that day was $211.76, but it reached a high of $216.955 in the same session. During the last five days, there has been a drop of approximately -2.78%. Over the course of the year, Union Pacific Corporation shares have dropped approximately -15.89%. Shares of the company reached a 52-week high of $278.94 on 03/31/22 and a 52-week low of $202.38 on 07/14/22. A 50-day SMA is recorded $225.62, while a 200-day SMA reached $236.02. Nevertheless, trading volume fell to 1.9 million shares from 2.09 million shares the previous day.
Support And Resistance Levels for Union Pacific Corporation (UNP)
According to the 24-hour chart, there is a support level at 210.11, which, if violated, would cause prices to drop to 208.34. In the upper region, resistance lies at 215.31. The next price resistance is at 218.73. RSI (Relative Strength Index) is 34.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -9.01, which suggests the price will decrease in the coming days. Percent R is at 84.44%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
Is Union Pacific Corporation subject to short interest?
Stocks of Union Pacific Corporation saw a sharp steep in short interest on Jul 14, 2022 dropping by -0.75 million shares to 5.56 million. Data from Yahoo Finance shows that the short interest on Jun 14, 2022 was 6.31 million shares. A decline of -13.49% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.08 of the overall float, the days-to-cover ratio (short ratio) decline to 2.08.
Which companies own the most shares of Union Pacific Corporation (UNP)?
According to The Vanguard Group, Inc. filings, the company currently owns 50,965,217 shares, which is about 8.16% of the total UNP shares outstanding. The investor’s shares have appreciated by 21,170 from its previous 13-F filing of 50944047.0 shares. With the completion of the sale transaction, BlackRock Fund Advisors’s stake is now worth $6,342,960,019. SSgA Funds Management, Inc. reduced a -3.95% interest valued at $6.22 billion while Massachusetts Financial Services sold a -343,703 stake. A total of 113,777 shares of Union Pacific Corporation were sold by Geode Capital Management LLC during the quarter, and -323,763 were sold by Wellington Management Co. LLP. In its current portfolio, Columbia Management Investment Ad holds 7,843,710 shares valued at $1.76 billion.
In terms of Union Pacific Corporation share price expectations, FactSet research, analysts set an average price target of $242.88 in the next 12 months, up nearly 13.71% from the previous closing price of $213.27. Analysts anticipate Union Pacific Corporation stock to reach $272.00 by 2022, with the lowest price target being $207.00. In spite of this, 28 analysts ranked Union Pacific Corporation stock as an Overweight at the end of 2022. On July 06, 2022, Susquehanna assigned a price target of “a Neutral” to the stock and downgraded coverage with a $235.