Crane Co’s recent filing unveils that its Exec. V.P., Gen. Couns. & Sec. D’Iorio Anthony M. unloaded Company’s shares for reported $0.62 million on Feb 29 ’24. In the deal valued at $123.41 per share,5,000 shares were sold. As a result of this transaction, D’Iorio Anthony M. now holds 25,594 shares worth roughly $3.53 million.
Then, MITCHELL MAX H sold 4,242 shares, generating $441,563 in total proceeds. Upon selling the shares at $104.09, the President and CEO now owns 322,628 shares.
Before that, MITCHELL MAX H sold 22,542 shares. Crane Co shares valued at $2,399,561 were divested by the President and CEO at a price of $106.45 per share. As a result of the transaction, MITCHELL MAX H now holds 322,628 shares, worth roughly $44.56 million.
Vertical Research initiated its Crane Co [CR] rating to a Hold in a research note published on November 20, 2023; the price target was $110. A number of analysts have revised their coverage, including CJS Securities’s analysts, who began to cover the stock in late October with a ‘”a Market outperform”‘ rating. Deutsche Bank began covering CR with “Buy” recommendation on September 28, 2023. DA Davidson started covering the stock on April 04, 2023. It rated CR as “a Buy”.
Price Performance Review of CR
On Tuesday, Crane Co [NYSE:CR] saw its stock jump 5.65% to $138.11. Over the last five days, the stock has gained 4.82%. Crane Co shares have risen nearly 16.90% since the year began. Nevertheless, the stocks have risen 81.10% over the past one year. While a 52-week high of $139.34 was reached on 04/23/24, a 52-week low of $67.28 was recorded on 01/29/24. SMA at 50 days reached $129.80, while 200 days put it at $107.02. A total of 0.42 million shares were traded, compared to the trading of 0.27 million shares in the previous session.
Levels Of Support And Resistance For CR Stock
The 24-hour chart illustrates a support level at 134.67, which if violated will result in even more drops to 131.22. On the upside, there is a resistance level at 140.55. A further resistance level may holdings at 142.98. The Relative Strength Index (RSI) on the 14-day chart is 61.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.96%. Stochastics %K at 38.88% indicates the stock is a holding.
