KD Logo

Monitoring Modine Manufacturing Co. (MOD) after recent insider movements

Modine Manufacturing Co.’s recent filing unveils that its VP, Human Resources Agen Brian Jon unloaded Company’s shares for reported $1.61 million on Mar 28 ’24. In the deal valued at $95.64 per share,16,799 shares were sold. As a result of this transaction, Agen Brian Jon now holds 102,409 shares worth roughly $10.67 million.

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, Wilson David J. sold 8,000 shares, generating $713,768 in total proceeds. Upon selling the shares at $89.22, the Director now owns 6,109 shares.

Before that, Patterson Christopher William sold 14,225 shares. Modine Manufacturing Co. shares valued at $1,288,243 were divested by the Director at a price of $90.56 per share. As a result of the transaction, Patterson Christopher William now holds 97,517 shares, worth roughly $10.16 million.

B. Riley Securities reiterated its Modine Manufacturing Co. [MOD] rating to a Buy in a research note published on August 01, 2024; the price target was $140. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late July with a ‘”an Outperform”‘ rating. Oppenheimer began covering MOD with “an Outperform” recommendation on March 19, 2024.

Price Performance Review of MOD

On Tuesday, Modine Manufacturing Co. [NYSE:MOD] saw its stock jump 3.05% to $104.15. Over the last five days, the stock has gained 2.72%. Modine Manufacturing Co. shares have risen nearly 74.46% since the year began. Nevertheless, the stocks have risen 125.19% over the past one year. While a 52-week high of $123.92 was reached on 07/31/24, a 52-week low of $38.50 was recorded on 01/04/24. SMA at 50 days reached $101.57, while 200 days put it at $81.51.

Levels Of Support And Resistance For MOD Stock

The 24-hour chart illustrates a support level at 102.43, which if violated will result in even more drops to 100.71. On the upside, there is a resistance level at 105.32. A further resistance level may holdings at 106.49. The Relative Strength Index (RSI) on the 14-day chart is 50.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.24%. Stochastics%K at 42.78% indicates the stock is a holding.

How much short interest is there in Modine Manufacturing Co.?

A steep rise in short interest was recorded in Modine Manufacturing Co. stocks on , growing by 30458.0 shares to a total of 3.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 3.01 million shares. There was a rise of 1.0%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 07, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.

Most Popular