Skyline Champion Corp’s filing revealed that its Director Anderson Keith A unloaded Company’s shares for reported $1.37 million on Dec 15 ’23. In the deal valued at $73.00 per share,18,750 shares were sold. As a result of this transaction, Anderson Keith A now holds 238,098 shares worth roughly $18.04 million.
Then, Berman Michael B sold 1,698 shares, generating $123,054 in total proceeds. Upon selling the shares at $72.47, the Director now owns 0 shares.
Before that, Burkhardt Timothy A. sold 4,113 shares. Skyline Champion Corp shares valued at $292,194 were divested by the VP & Controller at a price of $71.04 per share. As a result of the transaction, Burkhardt Timothy A. now holds 34,855 shares, worth roughly $2.64 million.
Wedbush downgraded its Skyline Champion Corp [SKY] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “an Equal weight”. RBC Capital Mkts also remained covering SKY and has decreased its forecast on November 03, 2022 with a “Sector perform” recommendation from previously “an Outperform” rating. Wedbush revised its rating on July 07, 2022. It rated SKY as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of SKY
On Tuesday, Skyline Champion Corp [NYSE:SKY] saw its stock fall -3.01% to $75.78. Over the last five days, the stock has lost -9.42%. Skyline Champion Corp shares have risen nearly 2.05% since the year began. Nevertheless, the stocks have risen 8.47% over the past one year. While a 52-week high of $86.71 was reached on 03/21/24, a 52-week low of $52.12 was recorded on 01/17/24. SMA at 50 days reached $81.37, while 200 days put it at $69.63. A total of 0.24 million shares were traded, compared to the trading of 0.19 million shares in the previous session.
Levels Of Support And Resistance For SKY Stock
The 24-hour chart illustrates a support level at 74.61, which if violated will result in even more drops to 73.44. On the upside, there is a resistance level at 77.15. A further resistance level may holdings at 78.52. The Relative Strength Index (RSI) on the 14-day chart is 39.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.65%. Stochastics %K at 12.48% indicates the stock is a buying.
