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Monitoring RPM International, Inc. (RPM) after recent insider movements

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RPM International, Inc.’s recent filing unveils that its VP-Global Tax and Treasurer Ratajczak Matthew T unloaded Company’s shares for reported $0.66 million on Feb 15 ’24. In the deal valued at $109.63 per share,6,000 shares were sold. As a result of this transaction, Ratajczak Matthew T now holds 23,451 shares worth roughly $2.51 million.

Then, Nance Frederick R. sold 1,835 shares, generating $200,114 in total proceeds. Upon selling the shares at $109.05, the Director now owns 8,180 shares.

Before that, Kinser Timothy R. sold 2,380 shares. RPM International, Inc. shares valued at $254,660 were divested by the VP-Operations at a price of $107.00 per share. As a result of the transaction, Kinser Timothy R. now holds 20,767 shares, worth roughly $2.22 million.

Mizuho initiated its RPM International, Inc. [RPM] rating to a Buy in a research note published on January 12, 2024; the price target was $128. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in late July from “a Hold” to “a Buy”. Deutsche Bank began covering RPM with “Hold” recommendation on June 05, 2023. KeyBanc Capital Markets started covering the stock on December 14, 2022. It rated RPM as “a Sector weight”.

Price Performance Review of RPM

On Tuesday, RPM International, Inc. [NYSE:RPM] saw its stock fall -1.54% to $106.91. Over the last five days, the stock has lost -0.89%. RPM International, Inc. shares have fallen nearly -4.23% since the year began. Nevertheless, the stocks have risen 30.33% over the past one year. While a 52-week high of $120.74 was reached on 03/28/24, a 52-week low of $78.52 was recorded on 01/04/24. SMA at 50 days reached $113.42, while 200 days put it at $104.52. A total of 0.54 million shares were traded, compared to the trading of 0.41 million shares in the previous session.

Levels Of Support And Resistance For RPM Stock

The 24-hour chart illustrates a support level at 106.35, which if violated will result in even more drops to 105.79. On the upside, there is a resistance level at 107.97. A further resistance level may holdings at 109.03. The Relative Strength Index (RSI) on the 14-day chart is 36.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.09%. Stochastics %K at 25.89% indicates the stock is a holding.

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