KD Logo

CTVA (Corteva Inc) may reap gains as insiders became active recently

Corteva Inc’s recent filing unveils that its SVP, Gen Counsel and Secretary FUERER CORNEL B unloaded Company’s shares for reported $2.28 million on May 14 ’24. In the deal valued at $57.41 per share,39,736 shares were sold. As a result of this transaction, FUERER CORNEL B now holds 126,628 shares worth roughly $6.48 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, Eathington Samuel R sold 31,686 shares, generating $1,826,381 in total proceeds. Upon selling the shares at $57.64, the insider now owns 53,854 shares.

Before that, TITUS BRIAN sold 12,134 shares. Corteva Inc shares valued at $687,338 were divested by the insider at a price of $56.65 per share. As a result of the transaction, TITUS BRIAN now holds 13,495 shares, worth roughly $0.69 million.

JP Morgan downgraded its Corteva Inc [CTVA] rating to a Neutral from a an Overweight in a research note published on April 12, 2024; the price target was decreased to $57 from $58. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who began to cover the stock in early March with a ‘”an Outperform”‘ rating. Loop Capital also remained covering CTVA and has increased its forecast on February 12, 2024 with a “Buy” recommendation from previously “Hold” rating. Exane BNP Paribas revised its rating on February 02, 2024. It rated CTVA as “a Neutral” which previously was an “an Underperform”.

Price Performance Review of CTVA

On Friday, Corteva Inc [NYSE:CTVA] saw its stock fall -0.78% to $51.18. Over the last five days, the stock has lost -3.25%. Corteva Inc shares have risen nearly 6.80% since the year began. Nevertheless, the stocks have fallen -10.26% over the past one year. While a 52-week high of $58.81 was reached on 05/10/24, a 52-week low of $43.22 was recorded on 01/19/24. SMA at 50 days reached $55.26, while 200 days put it at $51.37. A total of 1.62 million shares were traded, compared to the trading of 3.51 million shares in the previous session.

Levels Of Support And Resistance For CTVA Stock

The 24-hour chart illustrates a support level at 50.51, which if violated will result in even more drops to 49.83. On the upside, there is a resistance level at 51.83. A further resistance level may holdings at 52.47. The Relative Strength Index (RSI) on the 14-day chart is 32.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.53%. Stochastics %K at 24.36% indicates the stock is a holding.

Most Popular