The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ford Motor Co. shares valued at $337,032 were sold by Kosman Mark on Mar 06 ’24. At $12.53 per share, Kosman Mark sold 26,898 shares. The insider’s holdings dropped to 7,102 shares worth approximately $85508.07999999999 following the completion of this transaction.
Also, FIELD JOHN DOUGLAS purchased 182,000 shares, netting a total of over 2,010,590 in proceeds. Following the buying of shares at $11.05 each, the insider now holds 720,176 shares.
As published in their initiating research note from Piper Sandler on March 15, 2024, Ford Motor Co. [F] has been a Neutral and the price target has been revised to $13. Analysts at Redburn Atlantic started covering the stock with ‘”a Sell”‘ outlook in a report released in late January. As of January 17, 2024, UBS has decreased its “Buy” rating to a “Neutral” for F. Earlier on December 13, 2023, Exane BNP Paribas downgraded its rating. Their new recommendation was “a Neutral” for F stock which previously was a “an Outperform”.
Analyzing F Stock Performance
During the last five days, there has been a drop of approximately -7.81%. Over the course of the year, Ford Motor Co. shares have jumped approximately 0.21%. Shares of the company reached a 52-week high of $13.95 on 04/04/24 and a 52-week low of $10.82 on 01/19/24. A 50-day SMA is recorded $12.60, while a 200-day SMA reached $12.14. Nevertheless, trading volume fell to 43.54 million shares from 56.39 million shares the previous day.
Support And Resistance Levels for Ford Motor Co. (F)
According to the 24-hour chart, there is a support level at 11.96, which, if violated, would cause prices to drop to 11.87. In the upper region, resistance lies at 12.19. The next price resistance is at 12.33. RSI (Relative Strength Index) is 37.58 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.88, which suggests the price will decrease in the coming days. Percent R is at 95.08%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
