In a filing, Northern Trust Corp. revealed its President/Wealth Management FRADKIN STEVEN L unloaded Company’s shares for reported $0.34 million on May 01 ’24. In the deal valued at $82.56 per share,4,097 shares were sold. As a result of this transaction, FRADKIN STEVEN L now holds 46,078 shares worth roughly $3.9 million.
Then, FRADKIN STEVEN L sold 30,392 shares, generating $2,434,703 in total proceeds. Upon selling the shares at $80.11, the President/Wealth Management now owns 55,707 shares.
Before that, Tyler Jason J. bought 400 shares. Northern Trust Corp. shares valued at $25,076 were divested by the EVP & Chief Financial Officer at a price of $62.69 per share. As a result of the transaction, Tyler Jason J. now holds 41,477 shares, worth roughly $3.51 million.
Morgan Stanley downgraded its Northern Trust Corp. [NTRS] rating to an Underweight from a an Equal-weight in a research note published on January 30, 2024; the price target was increased to $86 from $82. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Wolfe Research also remained covering NTRS and has decreased its forecast on January 03, 2024 with a “an Underperform” recommendation from previously “Peer perform” rating. Wells Fargo revised its rating on October 18, 2023. It rated NTRS as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of NTRS
On Friday, Northern Trust Corp. [NASDAQ:NTRS] saw its stock jump 1.34% to $84.62. Over the last five days, the stock has gained 1.49%. Northern Trust Corp. shares have risen nearly 0.28% since the year began. Nevertheless, the stocks have risen 15.60% over the past one year. While a 52-week high of $89.25 was reached on 03/28/24, a 52-week low of $62.44 was recorded on 02/13/24. SMA at 50 days reached $83.84, while 200 days put it at $78.20. A total of 0.93 million shares were traded, compared to the trading of 0.81 million shares in the previous session.
Levels Of Support And Resistance For NTRS Stock
The 24-hour chart illustrates a support level at 84.15, which if violated will result in even more drops to 83.67. On the upside, there is a resistance level at 84.97. A further resistance level may holdings at 85.32. The Relative Strength Index (RSI) on the 14-day chart is 53.76, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.89, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 7.10%. Stochastics %K at 75.35% indicates the stock is a holding.
