In a filing, S&P Global Inc revealed its CEO & President Peterson Douglas L. unloaded Company’s shares for reported $2.55 million on Feb 15 ’24. In the deal valued at $424.74 per share,6,000 shares were sold. As a result of this transaction, Peterson Douglas L. now holds 162,530 shares worth roughly $66.57 million.
Then, Peterson Douglas L. sold 6,000 shares, generating $2,431,670 in total proceeds. Upon selling the shares at $405.28, the CEO & President now owns 163,613 shares.
Before that, Steenbergen Ewout L sold 23,502 shares. S&P Global Inc shares valued at $9,400,800 were divested by the EVP & Chief Financial Officer at a price of $400.00 per share. As a result of the transaction, Steenbergen Ewout L now holds 3,552 shares, worth roughly $1.45 million.
A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. BofA Securities began covering SPGI with “Buy” recommendation on June 15, 2023. Wells Fargo started covering the stock on May 09, 2023. It rated SPGI as “an Overweight”.
Price Performance Review of SPGI
On Monday, S&P Global Inc [NYSE:SPGI] saw its stock fall -1.97% to $409.56. Over the last five days, the stock has lost -5.66%. S&P Global Inc shares have fallen nearly -7.03% since the year began. Nevertheless, the stocks have risen 17.73% over the past one year. While a 52-week high of $461.16 was reached on 02/07/24, a 52-week low of $338.92 was recorded on 04/15/24. SMA at 50 days reached $428.67, while 200 days put it at $407.76. A total of 1.05 million shares were traded, compared to the trading of 1.18 million shares in the previous session.
Levels Of Support And Resistance For SPGI Stock
The 24-hour chart illustrates a support level at 404.33, which if violated will result in even more drops to 399.11. On the upside, there is a resistance level at 418.71. A further resistance level may holdings at 427.87. The Relative Strength Index (RSI) on the 14-day chart is 32.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.67%. Stochastics %K at 21.22% indicates the stock is a holding.
