In a filing, Kimberly-Clark Corp. revealed its Vice President and Controller Drexler Andrew unloaded Company’s shares for reported $0.34 million on May 01 ’24. In the deal valued at $136.83 per share,2,500 shares were sold. As a result of this transaction, Drexler Andrew now holds 8,053 shares worth roughly $1.09 million.
Then, Cunningham Doug sold 1,040 shares, generating $142,334 in total proceeds. Upon selling the shares at $136.86, the President, EMEA now owns 3,833 shares.
Before that, Melucci Jeffrey P. sold 13,714 shares. Kimberly-Clark Corp. shares valued at $1,858,621 were divested by the Chief Bus. & Transf. Officer at a price of $135.53 per share. As a result of the transaction, Melucci Jeffrey P. now holds 19,935 shares, worth roughly $2.71 million.
Evercore ISI upgraded its Kimberly-Clark Corp. [KMB] rating to an Outperform from a an In-line in a research note published on March 28, 2024; the price target was increased to $150 from $133. BofA Securities also remained covering KMB and has decreased its forecast on December 15, 2023 with a “an Underperform” recommendation from previously “Neutral” rating. Piper Sandler started covering the stock on November 17, 2023. It rated KMB as “an Overweight”.
Price Performance Review of KMB
On Monday, Kimberly-Clark Corp. [NYSE:KMB] saw its stock fall -0.09% to $135.97. Over the last five days, the stock has gained 0.03%. Kimberly-Clark Corp. shares have risen nearly 11.90% since the year began. Nevertheless, the stocks have fallen -5.84% over the past one year. While a 52-week high of $146.15 was reached on 04/23/24, a 52-week low of $116.32 was recorded on 02/14/24. SMA at 50 days reached $127.61, while 200 days put it at $124.34. A total of 1.8 million shares were traded, compared to the trading of 1.91 million shares in the previous session.
Levels Of Support And Resistance For KMB Stock
The 24-hour chart illustrates a support level at 135.02, which if violated will result in even more drops to 134.08. On the upside, there is a resistance level at 136.66. A further resistance level may holdings at 137.36. The Relative Strength Index (RSI) on the 14-day chart is 67.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.59, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.72%. Stochastics %K at 76.70% indicates the stock is a holding.
