A Guide To The Risks Of Investing In Catalent Inc. (CTLT)


Catalent Inc.’s recently made public that its President & CEO Maselli Alessandro unloaded Company’s shares for reported $92245.0 on Aug 24. In the deal valued at $44.54 per share,2,071 shares were sold. As a result of this transaction, Maselli Alessandro now holds 88,004 shares worth roughly $ 3.95 million.

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Then, Fasman Steven L sold 817 shares, generating $36,479 in total proceeds. Upon selling the shares at $44.65, the EVP & Chief Admin Officer now owns 73,789 shares.

Before that, Gennadios Aristippos sold 396 shares. Catalent Inc. shares valued at $17,618 were divested by the Group Pres. Pharma & Consumer at a price of $44.49 per share. As a result of the transaction, Gennadios Aristippos now holds 96,552 shares, worth roughly $4.33 million.

Wells Fargo initiated its Catalent Inc. [CTLT] rating to an Equal weight in a research note published on Friday, July 20, 2023; the price target was $43. PT values the company’s stock at a premium of -4.4 to its Friday closing price.

Price Performance Review of CTLT

On Friday, Catalent Inc. [NYSE:CTLT] saw its stock jump 0.65% to $44.89. On the same session, the stock had its day’s lowest price of $43.30, but rose to a high of $45.30. Over the last five days, the stock has gained 1.19%. Catalent Inc. shares have fallen nearly -0.27% since the year began. Nevertheless, the stocks have fallen -56.29% over the past one year. While a 52-week high of $104.62 was reached on 03/03/23, a 52-week low of $31.45 was recorded on 05/15/23. SMA at 50 days reached $45.43, while 200 days put it at $50.13. A total of 2.45 million shares were traded, compared to the trading of 1.54 million shares in the previous session.

Levels Of Support And Resistance For CTLT Stock

The 24-hour chart illustrates a support level at 43.69, which if violated will result in even more drops to 42.50. On the upside, there is a resistance level at 45.69. A further resistance level may holdings at 46.50. The Relative Strength Index (RSI) on the 14-day chart is 47.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.00%. Stochastics %K at 46.08% indicates the stock is a holding.

How much short interest is there in Catalent Inc.?

A steep rise in short interest was recorded in Catalent Inc. stocks on Aug 14, 2023, dropping by -0.5 million shares to a total of 10.45 million shares. Yahoo Finance data shows the prior-month short interest on Jul 13, 2023 was 10.95 million shares. There was a decline of -4.78%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 6.48% of the overall stock float, the days-to-cover ratio (short ratio) fell to 4.78.

According to FactSet, Catalent Inc.’s share price will average $47.33 in the next year, based on opinions of analysts polled by the firm. This is up nearly 3.14 percent from its previous closing price of $44.60. Analysts expect Catalent Inc. stock to reach the higher price of $55.00, while the lowest price estimate is $39.00. However, 17 analysts have rated CTLT stock as an Overweight in their predictions for 2023.


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