In a filing, Cannae Holdings Inc revealed its Affiliate Massey Richard N acquired Company’s shares for reported $0.18 million on Jul 26 ’24. In the deal valued at $19.92 per share,8,799 shares were bought.
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Then, Massey Richard N sold 25,752 shares, generating $499,074 in total proceeds. Upon selling the shares at $19.38, the Director now owns 248,615 shares.
Before that, Massey Richard N sold 30,000 shares. Cannae Holdings Inc shares valued at $588,900 were divested by the Chief Executive Officer at a price of $19.63 per share. As a result of the transaction, Massey Richard N now holds 274,367 shares, worth roughly $5.21 million.
RBC Capital Mkts initiated its Cannae Holdings Inc [CNNE] rating to an Outperform in a research note published on December 20, 2021; the price target was $42. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid November with a ‘”an Outperform”‘ rating. Piper Jaffray also remained covering CNNE and has increased its forecast on November 09, 2018 with a “an Overweight” recommendation from previously “Neutral” rating.
Price Performance Review of CNNE
On Tuesday, Cannae Holdings Inc [NYSE:CNNE] saw its stock jump 4.17% to $18.98. Over the last five days, the stock has lost -2.52%. Cannae Holdings Inc shares have fallen nearly -2.72% since the year began. Nevertheless, the stocks have fallen -2.11% over the past one year. While a 52-week high of $22.99 was reached on 04/02/24, a 52-week low of $15.93 was recorded on 06/17/24. SMA at 50 days reached $18.61, while 200 days put it at $19.64.
Levels Of Support And Resistance For CNNE Stock
The 24-hour chart illustrates a support level at 18.50, which if violated will result in even more drops to 18.02. On the upside, there is a resistance level at 19.32. A further resistance level may holdings at 19.65. The Relative Strength Index (RSI) on the 14-day chart is 47.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.52%. Stochastics%K at 18.56% indicates the stock is a buying.
How much short interest is there in Cannae Holdings Inc?
A steep rise in short interest was recorded in Cannae Holdings Inc stocks on