In a filing, Post Holdings Inc revealed its PRES & CEO, PCB CATOGGIO NICOLAS unloaded Company’s shares for reported $31233.0 on Mar 06 ’24. In the deal valued at $104.11 per share,300 shares were sold. As a result of this transaction, CATOGGIO NICOLAS now holds 74,992 shares worth roughly $7.66 million.
Then, GRAY DIEDRE J sold 7,297 shares, generating $762,639 in total proceeds. Upon selling the shares at $104.51, the EVP, GC & CAO, SECY now owns 51,073 shares.
Before that, HARSHMAN ELLEN F sold 400 shares. Post Holdings Inc shares valued at $42,408 were divested by the Director at a price of $106.02 per share. As a result of the transaction, HARSHMAN ELLEN F now holds 10,572 shares, worth roughly $1.08 million.
Mizuho initiated its Post Holdings Inc [POST] rating to a Buy in a research note published on January 09, 2024; the price target was $110. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid December with a ‘”an Equal weight”‘ rating. JP Morgan began covering POST with “an Overweight” recommendation on October 13, 2023.
Price Performance Review of POST
On Tuesday, Post Holdings Inc [NYSE:POST] saw its stock jump 0.19% to $102.17. Over the last five days, the stock has lost -2.44%. Post Holdings Inc shares have risen nearly 16.02% since the year began. Nevertheless, the stocks have risen 13.18% over the past one year. While a 52-week high of $107.67 was reached on 03/28/24, a 52-week low of $78.85 was recorded on 01/02/24. SMA at 50 days reached $103.50, while 200 days put it at $90.97. A total of 0.27 million shares were traded, compared to the trading of 0.56 million shares in the previous session.
Levels Of Support And Resistance For POST Stock
The 24-hour chart illustrates a support level at 101.66, which if violated will result in even more drops to 101.16. On the upside, there is a resistance level at 102.44. A further resistance level may holdings at 102.72. The Relative Strength Index (RSI) on the 14-day chart is 41.80, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.83%. Stochastics %K at 15.36% indicates the stock is a buying.
How much short interest is there in Post Holdings Inc?
A steep rise in short interest was recorded in Post Holdings Inc stocks on Mar 15, 2024, growing by 0.13 million shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.84 million shares. There was a rise of 6.6%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 3.60% of the overall stock float, the days-to-cover ratio (short ratio) rose to 4.43.
