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STWD (Starwood Property Trust Inc) may reap gains as insiders became active recently


Starwood Property Trust Inc’s recently made public that its President DiModica Jeffrey F. unloaded Company’s shares for reported $2.03 million on Mar 28 ’24. In the deal valued at $20.28 per share,100,000 shares were sold. As a result of this transaction, DiModica Jeffrey F. now holds 1,226,673 shares worth roughly $23.31 million.

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Then, DiModica Jeffrey F. sold 25,000 shares, generating $508,242 in total proceeds. Upon selling the shares at $20.33, the President now owns 925,984 shares.

Before that, DiModica Jeffrey F. sold 75,000 shares. Starwood Property Trust Inc shares valued at $1,654,208 were divested by the President at a price of $22.06 per share. As a result of the transaction, DiModica Jeffrey F. now holds 950,984 shares, worth roughly $18.07 million.

Wolfe Research initiated its Starwood Property Trust Inc [STWD] rating to a Peer perform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Neutral”. UBS began covering STWD with “Neutral” recommendation on December 06, 2023. Keefe Bruyette revised its rating on October 10, 2023. It rated STWD as “a Mkt perform” which previously was an “an Outperform”.

Price Performance Review of STWD

On Tuesday, Starwood Property Trust Inc [NYSE:STWD] saw its stock jump 1.33% to $19.00. Over the last five days, the stock has lost -1.04%. Starwood Property Trust Inc shares have fallen nearly -9.61% since the year began. Nevertheless, the stocks have fallen -2.06% over the past one year. While a 52-week high of $22.29 was reached on 01/12/24, a 52-week low of $17.07 was recorded on 05/29/24. SMA at 50 days reached $19.47, while 200 days put it at $19.79. A total of 1.61 million shares were traded, compared to the trading of 2.76 million shares in the previous session.

Levels Of Support And Resistance For STWD Stock

The 24-hour chart illustrates a support level at 18.78, which if violated will result in even more drops to 18.56. On the upside, there is a resistance level at 19.13. A further resistance level may holdings at 19.27. The Relative Strength Index (RSI) on the 14-day chart is 44.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.78%. Stochastics%K at 27.94% indicates the stock is a holding.

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