The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Caleres Inc shares valued at $605,079 were sold by SULLIVAN DIANE M on Jul 22 ’24. At $35.45 per share, SULLIVAN DIANE M sold 17,068 shares. The insider’s holdings dropped to 150,449 shares worth approximately $5.52 million following the completion of this transaction.
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
Also, Hendra Carla C sold 5,349 shares, netting a total of over 176,894 in proceeds. Following the sale of shares at $33.07 each, the insider now holds 0 shares.
Before that, SULLIVAN DIANE M had sold 6,299 shares from its account. In a trade valued at $212,765, the Executive Chair traded Caleres Inc shares for $33.78 each. Upon closing the transaction, the insider’s holdings decreased to 6,299 shares, worth approximately $6.14 million.
As published in their initiating research note from KeyBanc Capital Markets on February 07, 2024, Caleres Inc [CAL] has been a Sector weight. Analysts at Piper Sandler downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late May. As of February 21, 2023, Piper Sandler has increased its “Neutral” rating to a “an Overweight” for CAL. Earlier on October 25, 2022, Piper Sandler initiated its rating. Their recommendation was “a Neutral” for CAL stock.
Analyzing CAL Stock Performance
During the last five days, there has been a surge of approximately 6.29%. Over the course of the year, Caleres Inc shares have jumped approximately 19.33%. Shares of the company reached a 52-week high of $41.94 on 03/21/24 and a 52-week low of $28.36 on 01/16/24. A 50-day SMA is recorded $34.57, while a 200-day SMA reached $33.22. Nevertheless, trading volume fell to 0.66 million shares from 0.68 million shares the previous day.
Support And Resistance Levels for Caleres Inc (CAL)
According to the 24-hour chart, there is a support level at 35.97, which, if violated, would cause prices to drop to 35.26. In the upper region, resistance lies at 37.40. The next price resistance is at 38.12. RSI (Relative Strength Index) is 64.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.39, which suggests the price will increase in the coming days. Percent R is at 12.93%, indicating bullish price movement. Stochastics%K at selling indicates that the stock is to be held.
