H.B. Fuller Company’s recently made public that its Sr. VP, Human Resources Weaver Nathan D. unloaded Company’s shares for reported $0.57 million on Apr 09 ’24. In the deal valued at $78.64 per share,7,292 shares were sold. As a result of this transaction, Weaver Nathan D. now holds 4,803 shares worth roughly $0.36 million.
Then, East James J. sold 22,316 shares, generating $1,746,577 in total proceeds. Upon selling the shares at $78.27, the Executive Vice President, HHC now owns 0 shares.
Before that, Campe Heather sold 3,450 shares. H.B. Fuller Company shares valued at $265,064 were divested by the Sr. VP, International Growth at a price of $76.83 per share. As a result of the transaction, Campe Heather now holds 19,736 shares, worth roughly $1.48 million.
Vertical Research initiated its H.B. Fuller Company [FUL] rating to a Buy in a research note published on March 19, 2024; the price target was $88. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid October from “an Outperform” to “a Neutral”. Citigroup began covering FUL with “Neutral” recommendation on September 11, 2023. Citigroup revised its rating on February 03, 2023. It rated FUL as “a Buy” which previously was an “a Neutral”.
Price Performance Review of FUL
On Tuesday, H.B. Fuller Company [NYSE:FUL] saw its stock fall -0.95% to $75.18. Over the last five days, the stock has lost -4.41%. H.B. Fuller Company shares have fallen nearly -7.65% since the year began. Nevertheless, the stocks have risen 13.50% over the past one year. While a 52-week high of $84.31 was reached on 03/28/24, a 52-week low of $62.57 was recorded on 02/05/24. SMA at 50 days reached $78.41, while 200 days put it at $74.40. A total of 0.29 million shares were traded, compared to the trading of 0.3 million shares in the previous session.
Levels Of Support And Resistance For FUL Stock
The 24-hour chart illustrates a support level at 74.46, which if violated will result in even more drops to 73.75. On the upside, there is a resistance level at 75.94. A further resistance level may holdings at 76.71. The Relative Strength Index (RSI) on the 14-day chart is 35.78, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.16%. Stochastics %K at 6.17% indicates the stock is a buying.
