Carrier Global Corp’s recently made public that its Officer Jurgen Timperman acquired Company’s shares for reported $7.8 million on Jul 29 ’24. In the deal valued at $67.28 per share,115,951 shares were bought.
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, Crockett Kyle sold 4,611 shares, generating $306,134 in total proceeds. Upon selling the shares at $66.39, the VP, Controller & CAO now owns 2,042 shares.
Before that, O’Connor Kevin J. sold 20,000 shares. Carrier Global Corp shares valued at $1,314,624 were divested by the Senior VP & CLO at a price of $65.73 per share. As a result of the transaction, O’Connor Kevin J. now holds 46,083 shares, worth roughly $2.95 million.
BofA Securities upgraded its Carrier Global Corp [CARR] rating to a Neutral from a an Underperform in a research note published on July 29, 2024; the price target was increased to $72 from $55. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who increased its forecast for the stock in mid July from “a Neutral” to “an Outperform”. Citigroup also remained covering CARR and has increased its forecast on June 24, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on October 12, 2023. It rated CARR as “an Underperform” which previously was an “a Peer perform”.
Price Performance Review of CARR
On Friday, Carrier Global Corp [NYSE:CARR] saw its stock fall -3.13% to $63.99. Over the last five days, the stock has lost -4.16%. Carrier Global Corp shares have risen nearly 11.38% since the year began. Nevertheless, the stocks have risen 8.49% over the past one year. While a 52-week high of $70.09 was reached on 07/16/24, a 52-week low of $45.68 was recorded on 02/20/24. SMA at 50 days reached $64.64, while 200 days put it at $58.05. A total of 3.56 million shares were traded, compared to the trading of 3.21 million shares in the previous session.
Levels Of Support And Resistance For CARR Stock
The 24-hour chart illustrates a support level at 62.70, which if violated will result in even more drops to 61.42. On the upside, there is a resistance level at 65.17. A further resistance level may holdings at 66.36. The Relative Strength Index (RSI) on the 14-day chart is 44.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.42%. Stochastics%K at 46.78% indicates the stock is a holding.
