Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Exxon Mobil Corp. shares valued at $2,000,386 were purchased by Dreyfus Maria S. on Jun 17 ’24. At $109.25 per share, Dreyfus Maria S. acquired 18,310 shares. The insider’s holdings grew to 35,757 shares worth approximately $4.2 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, Talley Darrin L sold 2,426 shares, netting a total of over 288,730 in proceeds. Following the sale of shares at $119.01 each, the insider now holds 25,363 shares.
Before that, Talley Darrin L had sold 2,400 shares from its account. In a trade valued at $271,980, the Vice President traded Exxon Mobil Corp. shares for $113.33 each. Upon closing the transaction, the insider’s holdings decreased to 2,400 shares, worth approximately $3.26 million.
Analysts at Truist downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early June. Earlier on April 30, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for XOM stock.
Analyzing XOM Stock Performance
During the last five days, there has been a drop of approximately -1.15%. Over the course of the year, Exxon Mobil Corp. shares have jumped approximately 17.45%. Shares of the company reached a 52-week high of $123.75 on 04/12/24 and a 52-week low of $95.77 on 01/22/24. A 50-day SMA is recorded $114.23, while a 200-day SMA reached $109.23. Nevertheless, trading volume fell to 17.02 million shares from 14.92 million shares the previous day.
Support And Resistance Levels for Exxon Mobil Corp. (XOM)
According to the 24-hour chart, there is a support level at 115.32, which, if violated, would cause prices to drop to 113.20. In the upper region, resistance lies at 118.79. The next price resistance is at 120.14. RSI (Relative Strength Index) is 58.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.54, which suggests the price will decrease in the coming days. Percent R is at 26.21%, indicating bullish price movement. Stochastics%K at holding indicates that the stock is to be held.