MSCI Inc’s recent filing unveils that its Chairman and CEO Fernandez Henry A acquired Company’s shares for reported $6.06 million on Apr 25 ’24. In the deal valued at $465.92 per share,13,000 shares were bought. As a result of this transaction, Fernandez Henry A now holds 327,479 shares worth roughly $156.46 million.
Then, Pettit CD Baer bought 7,500 shares, generating $3,445,575 in total proceeds. Upon buying the shares at $459.41, the President & COO now owns 291,038 shares.
Before that, Gutowski Robert J. sold 1,478 shares. MSCI Inc shares valued at $768,560 were divested by the General Counsel at a price of $520.00 per share. As a result of the transaction, Gutowski Robert J. now holds 15,179 shares, worth roughly $7.25 million.
Deutsche Bank upgraded its MSCI Inc [MSCI] rating to a Buy from a a Hold in a research note published on April 24, 2024; the price target was decreased to $569 from $613. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who decreased its forecast for the stock in late April from “an Outperform” to “a Perform”. Wolfe Research began covering MSCI with “Peer perform” recommendation on March 26, 2024. Redburn Atlantic revised its rating on February 20, 2024. It rated MSCI as “a Sell” which previously was an “a Neutral”.
Price Performance Review of MSCI
On Friday, MSCI Inc [NYSE:MSCI] saw its stock jump 2.86% to $477.78. Over the last five days, the stock has lost -6.33%. MSCI Inc shares have fallen nearly -15.53% since the year began. Nevertheless, the stocks have risen 4.27% over the past one year. While a 52-week high of $617.39 was reached on 01/30/24, a 52-week low of $439.95 was recorded on 04/23/24. SMA at 50 days reached $542.02, while 200 days put it at $534.49. A total of 1.04 million shares were traded, compared to the trading of 2.23 million shares in the previous session.
Levels Of Support And Resistance For MSCI Stock
The 24-hour chart illustrates a support level at 467.52, which if violated will result in even more drops to 457.25. On the upside, there is a resistance level at 483.69. A further resistance level may holdings at 489.59. The Relative Strength Index (RSI) on the 14-day chart is 35.84, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -36.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.12%. Stochastics %K at 25.23% indicates the stock is a holding.
