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MSA Safety Inc [MSA] Insider Vartanian Nishan J. sells 4,099 Shares – Insider Selling Alert

MSA Safety Inc’s recently made public that its CEO Vartanian Nishan J. unloaded Company’s shares for reported $0.76 million on Mar 12 ’24. In the deal valued at $185.75 per share,4,099 shares were sold. As a result of this transaction, Vartanian Nishan J. now holds 67,800 shares worth roughly $12.23 million.

Then, Buck Jonathan D. sold 305 shares, generating $56,578 in total proceeds. Upon selling the shares at $185.50, the Chief Accounting Officer now owns 3,506 shares.

Before that, Vartanian Nishan J. sold 10,630 shares. MSA Safety Inc shares valued at $1,943,728 were divested by the CEO at a price of $182.85 per share. As a result of the transaction, Vartanian Nishan J. now holds 51,869 shares, worth roughly $9.36 million.

William Blair upgraded its MSA Safety Inc [MSA] rating to an Outperform from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Sidoti’s analysts, who increased its forecast for the stock in early December from “a Neutral” to “a Buy”. Sidoti also remained covering MSA and has increased its forecast on March 24, 2020 with a “Buy” recommendation from previously “Neutral” rating. William Blair started covering the stock on January 10, 2019. It rated MSA as “a Mkt perform”.

Price Performance Review of MSA

On Tuesday, MSA Safety Inc [NYSE:MSA] saw its stock fall -4.06% to $180.40. Over the last five days, the stock has lost -5.07%. MSA Safety Inc shares have risen nearly 6.85% since the year began. Nevertheless, the stocks have risen 39.04% over the past one year. While a 52-week high of $196.02 was reached on 04/05/24, a 52-week low of $122.57 was recorded on 01/17/24. SMA at 50 days reached $186.88, while 200 days put it at $172.27. A total of 0.38 million shares were traded, compared to the trading of 0.22 million shares in the previous session.

Levels Of Support And Resistance For MSA Stock

The 24-hour chart illustrates a support level at 174.52, which if violated will result in even more drops to 168.65. On the upside, there is a resistance level at 190.17. A further resistance level may holdings at 199.95. The Relative Strength Index (RSI) on the 14-day chart is 34.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.35%. Stochastics %K at 33.28% indicates the stock is a holding.

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