GATX Corp.’s recently made public that its SVP, Structured Finance Hillesland Kevin unloaded Company’s shares for reported $0.29 million on Mar 08 ’24. In the deal valued at $133.83 per share,2,200 shares were sold. As a result of this transaction, Hillesland Kevin now holds 7,711 shares worth roughly $0.97 million.
Then, Phillips Geoffrey sold 2,300 shares, generating $303,166 in total proceeds. Upon selling the shares at $131.81, the Sr. VP, Operations now owns 6,808 shares.
Before that, LYONS ROBERT C sold 19,300 shares. GATX Corp. shares valued at $2,425,958 were divested by the President and CEO at a price of $125.70 per share. As a result of the transaction, LYONS ROBERT C now holds 44,710 shares, worth roughly $5.64 million.
TD Cowen reiterated its GATX Corp. [GATX] rating to a Market perform in a research note published on January 24, 2024; the price target was $136. A number of analysts have revised their coverage, including TD Cowen’s analysts, who decreased its forecast for the stock in late July from “an Outperform” to “a Market perform”. Susquehanna revised its rating on November 07, 2022. It rated GATX as “a Neutral” which previously was an “a Positive”.
Price Performance Review of GATX
On Tuesday, GATX Corp. [NYSE:GATX] saw its stock fall -2.95% to $126.12. Over the last five days, the stock has lost -2.09%. GATX Corp. shares have risen nearly 4.91% since the year began. Nevertheless, the stocks have risen 12.01% over the past one year. While a 52-week high of $135.65 was reached on 03/28/24, a 52-week low of $97.21 was recorded on 01/17/24. SMA at 50 days reached $129.67, while 200 days put it at $119.68. A total of 0.23 million shares were traded, compared to the trading of 0.14 million shares in the previous session.
Levels Of Support And Resistance For GATX Stock
The 24-hour chart illustrates a support level at 124.26, which if violated will result in even more drops to 122.39. On the upside, there is a resistance level at 129.13. A further resistance level may holdings at 132.13. The Relative Strength Index (RSI) on the 14-day chart is 39.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.12%. Stochastics %K at 30.63% indicates the stock is a holding.
