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A company insider recently sold 7,606 shares of Service Corp. International [SCI]. Should You also Consider to Sale?

In a filing, Service Corp. International revealed its Director LUND VICTOR L unloaded Company’s shares for reported $0.53 million on Apr 15 ’24. In the deal valued at $70.00 per share,7,606 shares were sold. As a result of this transaction, LUND VICTOR L now holds 0 shares worth roughly $0.0.

Then, LUND VICTOR L sold 1,011 shares, generating $70,770 in total proceeds. Upon selling the shares at $70.00, the Director now owns 7,606 shares.

Before that, COELHO TONY sold 8,950 shares. Service Corp. International shares valued at $674,702 were divested by the Director at a price of $75.39 per share. As a result of the transaction, COELHO TONY now holds 60,887 shares, worth roughly $4.12 million.

UBS initiated its Service Corp. International [SCI] rating to a Buy in a research note published on November 30, 2023; the price target was $72. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Raymond James also remained covering SCI and has decreased its forecast on February 20, 2019 with a “an Outperform” recommendation from previously “Strong buy” rating.

Price Performance Review of SCI

On Friday, Service Corp. International [NYSE:SCI] saw its stock fall -2.89% to $67.59. Over the last five days, the stock has lost -5.78%. Service Corp. International shares have fallen nearly -1.26% since the year began. Nevertheless, the stocks have risen 2.10% over the past one year. While a 52-week high of $75.97 was reached on 03/07/24, a 52-week low of $52.89 was recorded on 02/06/24. SMA at 50 days reached $72.18, while 200 days put it at $65.30. A total of 1.3 million shares were traded, compared to the trading of 1.45 million shares in the previous session.

Levels Of Support And Resistance For SCI Stock

The 24-hour chart illustrates a support level at 66.46, which if violated will result in even more drops to 65.33. On the upside, there is a resistance level at 69.45. A further resistance level may holdings at 71.32. The Relative Strength Index (RSI) on the 14-day chart is 35.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.12%. Stochastics %K at 35.89% indicates the stock is a holding.

The most recent change occurred on August 02, 2016 when Wells Fargo began covering the stock and recommended ‘”a Market perform”‘ rating .

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