Oshkosh Corp’s filing revealed that its SVP/Chief Information Officer Khare Anupam unloaded Company’s shares for reported $0.47 million on Feb 09 ’24. In the deal valued at $111.38 per share,4,234 shares were sold. As a result of this transaction, Khare Anupam now holds 13,499 shares worth roughly $1.69 million.
Then, Johnson James W. sold 7,000 shares, generating $730,380 in total proceeds. Upon selling the shares at $104.34, the Exec VP & Pres., Vocational now owns 47,439 shares.
Before that, Brandt Bryan K sold 3,250 shares. Oshkosh Corp shares valued at $336,798 were divested by the SVP & Chief Marketing Officer at a price of $103.63 per share. As a result of the transaction, Brandt Bryan K now holds 7,848 shares, worth roughly $0.98 million.
Truist initiated its Oshkosh Corp [OSK] rating to a Hold in a research note published on March 14, 2024; the price target was $121. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in early March from “a Neutral” to “a Buy”. Morgan Stanley began covering OSK with “an Equal-weight” recommendation on January 08, 2024. Evercore ISI revised its rating on November 13, 2023. It rated OSK as “an Outperform” which previously was an “an In-line”.
Price Performance Review of OSK
On Tuesday, Oshkosh Corp [NYSE:OSK] saw its stock fall -1.48% to $125.08. Over the last five days, the stock has gained 1.44%. Oshkosh Corp shares have risen nearly 15.38% since the year began. Nevertheless, the stocks have risen 63.76% over the past one year. While a 52-week high of $127.98 was reached on 04/08/24, a 52-week low of $72.09 was recorded on 01/17/24. SMA at 50 days reached $115.11, while 200 days put it at $101.85. A total of 0.49 million shares were traded, compared to the trading of 0.46 million shares in the previous session.
Levels Of Support And Resistance For OSK Stock
The 24-hour chart illustrates a support level at 124.05, which if violated will result in even more drops to 123.03. On the upside, there is a resistance level at 127.02. A further resistance level may holdings at 128.97. The Relative Strength Index (RSI) on the 14-day chart is 63.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.96%. Stochastics %K at 86.38% indicates the stock is a selling.
How much short interest is there in Oshkosh Corp?
A steep rise in short interest was recorded in Oshkosh Corp stocks on Mar 15, 2024, growing by 0.16 million shares to a total of 1.42 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.26 million shares. There was a rise of 11.27%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 2.45% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.55.
