KD Logo

Monitoring CF Industries Holdings Inc (CF) after recent insider movements

In a filing, CF Industries Holdings Inc revealed its VP and Corporate Controller Hoker Richard A unloaded Company’s shares for reported $0.93 million on Mar 14 ’24. In the deal valued at $84.11 per share,11,029 shares were sold. As a result of this transaction, Hoker Richard A now holds 37,641 shares worth roughly $3.04 million.

Then, Frost Bert A sold 6,000 shares, generating $510,016 in total proceeds. Upon selling the shares at $85.00, the EVP,Sales,MktDev,SupplyChn now owns 64,030 shares.

Before that, Frost Bert A sold 5,000 shares. CF Industries Holdings Inc shares valued at $400,478 were divested by the EVP,Sales,MktDev,SupplyChn at a price of $80.10 per share. As a result of the transaction, Frost Bert A now holds 37,539 shares, worth roughly $3.03 million.

BofA Securities downgraded its CF Industries Holdings Inc [CF] rating to a Neutral from a a Buy in a research note published on April 10, 2024; the price target was decreased to $88 from $96. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in early March with a ‘”an Outperform”‘ rating. Piper Sandler also remained covering CF and has decreased its forecast on February 29, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. UBS revised its rating on January 31, 2024. It rated CF as “a Neutral” which previously was an “a Buy”.

Price Performance Review of CF

On Monday, CF Industries Holdings Inc [NYSE:CF] saw its stock jump 1.04% to $80.83. Over the last five days, the stock has gained 2.58%. CF Industries Holdings Inc shares have risen nearly 1.67% since the year began. Nevertheless, the stocks have risen 15.29% over the past one year. While a 52-week high of $87.90 was reached on 03/20/24, a 52-week low of $60.08 was recorded on 01/22/24. SMA at 50 days reached $81.55, while 200 days put it at $79.88. A total of 1.22 million shares were traded, compared to the trading of 1.38 million shares in the previous session.

Levels Of Support And Resistance For CF Stock

The 24-hour chart illustrates a support level at 79.88, which if violated will result in even more drops to 78.93. On the upside, there is a resistance level at 81.60. A further resistance level may holdings at 82.36. The Relative Strength Index (RSI) on the 14-day chart is 51.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 13.46%. Stochastics %K at 62.64% indicates the stock is a holding.

Most Popular

[the_ad id="945"]