Sensata Technologies Holding Plc’s filing revealed that its Director Mirshekari Ali John acquired Company’s shares for reported $7.77 million on May 03 ’24. In the deal valued at $39.82 per share,195,173 shares were bought. As a result of this transaction, Mirshekari Ali John now holds 268,310 shares worth roughly $11.02 million.
Then, Mirshekari Ali John bought 73,137 shares, generating $2,865,025 in total proceeds. Upon buying the shares at $39.17, the Director now owns 73,137 shares.
Before that, ZIDE STEPHEN M sold 10,108 shares. Sensata Technologies Holding Plc shares valued at $415,271 were divested by the Director at a price of $41.08 per share. As a result of the transaction, ZIDE STEPHEN M now holds 26,368 shares, worth roughly $1.08 million.
Evercore ISI upgraded its Sensata Technologies Holding Plc [ST] rating to an Outperform from a an In-line in a research note published on May 06, 2024; the price target was increased to $60 from $44. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early April with a ‘”a Hold”‘ rating. Goldman also remained covering ST and has decreased its forecast on April 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on February 07, 2024. It rated ST as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ST
On Monday, Sensata Technologies Holding Plc [NYSE:ST] saw its stock jump 2.55% to $41.09. Over the last five days, the stock has gained 14.90%. Sensata Technologies Holding Plc shares have risen nearly 9.37% since the year began. Nevertheless, the stocks have risen 0.81% over the past one year. While a 52-week high of $47.41 was reached on 04/30/24, a 52-week low of $30.56 was recorded on 02/13/24. SMA at 50 days reached $35.58, while 200 days put it at $35.98. A total of 3.92 million shares were traded, compared to the trading of 3.22 million shares in the previous session.
Levels Of Support And Resistance For ST Stock
The 24-hour chart illustrates a support level at 40.68, which if violated will result in even more drops to 40.26. On the upside, there is a resistance level at 41.70. A further resistance level may holdings at 42.31. The Relative Strength Index (RSI) on the 14-day chart is 80.72, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.04, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.72%. Stochastics %K at 71.83% indicates the stock is a holding.
