In a filing, RPM International, Inc. revealed its VP and CFO Gordon Russell L unloaded Company’s shares for reported $1.33 million on May 15 ’24. In the deal valued at $114.16 per share,11,665 shares were sold. As a result of this transaction, Gordon Russell L now holds 122,161 shares worth roughly $13.21 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Ratajczak Matthew T sold 6,000 shares, generating $657,806 in total proceeds. Upon selling the shares at $109.63, the VP-Global Tax and Treasurer now owns 23,451 shares.
Before that, Nance Frederick R. sold 1,835 shares. RPM International, Inc. shares valued at $200,114 were divested by the Director at a price of $109.05 per share. As a result of the transaction, Nance Frederick R. now holds 8,180 shares, worth roughly $0.88 million.
Mizuho initiated its RPM International, Inc. [RPM] rating to a Buy in a research note published on January 12, 2024; the price target was $128. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in late July from “a Hold” to “a Buy”. Deutsche Bank began covering RPM with “Hold” recommendation on June 05, 2023. KeyBanc Capital Markets started covering the stock on December 14, 2022. It rated RPM as “a Sector weight”.
Price Performance Review of RPM
On Friday, RPM International, Inc. [NYSE:RPM] saw its stock fall -1.86% to $108.14. Over the last five days, the stock has lost -3.53%. RPM International, Inc. shares have fallen nearly -3.13% since the year began. Nevertheless, the stocks have risen 28.97% over the past one year. While a 52-week high of $120.74 was reached on 03/28/24, a 52-week low of $82.00 was recorded on 01/04/24. SMA at 50 days reached $111.03, while 200 days put it at $106.01. A total of 0.76 million shares were traded, compared to the trading of 0.39 million shares in the previous session.
Levels Of Support And Resistance For RPM Stock
The 24-hour chart illustrates a support level at 107.04, which if violated will result in even more drops to 105.93. On the upside, there is a resistance level at 109.55. A further resistance level may holdings at 110.95. The Relative Strength Index (RSI) on the 14-day chart is 38.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.27%. Stochastics %K at 23.83% indicates the stock is a holding.
