Church & Dwight Co., Inc.’s recent filing unveils that its EVP, Chf Mktng Offcr Pres CD Bruno Barry A. unloaded Company’s shares for reported $1.04 million on Mar 13 ’24. In the deal valued at $104.55 per share,9,926 shares were sold. As a result of this transaction, Bruno Barry A. now holds 4,319 shares worth roughly $0.44 million.
Then, FARRELL MATTHEW sold 275,000 shares, generating $28,552,535 in total proceeds. Upon selling the shares at $103.83, the President and CEO now owns 112,719 shares.
Before that, IRWIN BRADLEY C sold 5,590 shares. Church & Dwight Co., Inc. shares valued at $582,014 were divested by the Director at a price of $104.12 per share. As a result of the transaction, IRWIN BRADLEY C now holds 37,169 shares, worth roughly $3.76 million.
A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. BofA Securities also remained covering CHD and has increased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “an Underperform” rating. Citigroup revised its rating on December 13, 2023. It rated CHD as “a Sell” which previously was an “a Neutral”.
Price Performance Review of CHD
On Friday, Church & Dwight Co., Inc. [NYSE:CHD] saw its stock fall -0.49% to $101.08. Over the last five days, the stock has lost -0.90%. Church & Dwight Co., Inc. shares have risen nearly 6.90% since the year began. Nevertheless, the stocks have risen 12.61% over the past one year. While a 52-week high of $105.67 was reached on 03/13/24, a 52-week low of $82.25 was recorded on 01/05/24. SMA at 50 days reached $101.67, while 200 days put it at $96.11. A total of 1.16 million shares were traded, compared to the trading of 1.24 million shares in the previous session.
Levels Of Support And Resistance For CHD Stock
The 24-hour chart illustrates a support level at 100.47, which if violated will result in even more drops to 99.85. On the upside, there is a resistance level at 101.93. A further resistance level may holdings at 102.77. The Relative Strength Index (RSI) on the 14-day chart is 42.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.25%. Stochastics %K at 22.64% indicates the stock is a holding.
The most recent change occurred on November 13, 2023 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $99 price target.
