DuPont de Nemours Inc’s filing revealed that its Controller Goss Michael G. unloaded Company’s shares for reported $0.17 million on Mar 13 ’24. In the deal valued at $72.80 per share,2,354 shares were sold. As a result of this transaction, Goss Michael G. now holds 15,587 shares worth roughly $1.14 million.
Then, Larrabee Steven P. sold 3,700 shares, generating $261,109 in total proceeds. Upon selling the shares at $70.57, the SVP & CIO now owns 29,418 shares.
Before that, Ratnakar Raj sold 50,633 shares. DuPont de Nemours Inc shares valued at $3,920,007 were divested by the SVP & Chief Strategy Officer at a price of $77.42 per share. As a result of the transaction, Ratnakar Raj now holds 31,720 shares, worth roughly $2.33 million.
Wolfe Research initiated its DuPont de Nemours Inc [DD] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal weight”. BMO Capital Markets also remained covering DD and has decreased its forecast on January 24, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on January 16, 2024. It rated DD as “an Underperform” which previously was an “a Buy”.
Price Performance Review of DD
On Monday, DuPont de Nemours Inc [NYSE:DD] saw its stock fall -0.49% to $73.44. Over the last five days, the stock has lost -3.72%. DuPont de Nemours Inc shares have fallen nearly -4.54% since the year began. Nevertheless, the stocks have risen 3.04% over the past one year. While a 52-week high of $78.74 was reached on 04/04/24, a 52-week low of $61.14 was recorded on 02/02/24. SMA at 50 days reached $71.70, while 200 days put it at $72.90. A total of 1.81 million shares were traded, compared to the trading of 2.24 million shares in the previous session.
Levels Of Support And Resistance For DD Stock
The 24-hour chart illustrates a support level at 72.58, which if violated will result in even more drops to 71.72. On the upside, there is a resistance level at 74.71. A further resistance level may holdings at 75.98. The Relative Strength Index (RSI) on the 14-day chart is 44.26, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.91%. Stochastics %K at 20.93% indicates the stock is a holding.
The most recent change occurred on July 19, 2023 when Citigroup resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $75.
