Cencora Inc.’s recent filing unveils that its Chairman, President & CEO COLLIS STEVEN H unloaded Company’s shares for reported $2.57 million on Aug 20 ’24. In the deal valued at $239.13 per share,10,754 shares were sold. As a result of this transaction, COLLIS STEVEN H now holds 285,088 shares worth roughly $68.3 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, COLLIS STEVEN H bought 10,754 shares, generating $2,571,604 in total proceeds.
Before that, Battaglia Silvana sold 1,473 shares. Cencora Inc. shares valued at $357,482 were divested by the Executive Vice President at a price of $242.69 per share. As a result of the transaction, Battaglia Silvana now holds 10,948 shares, worth roughly $2.62 million.
Leerink Partners initiated its Cencora Inc. [COR] rating to an Outperform in a research note published on February 26, 2024; the price target was $261. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Wells Fargo began covering COR with “an Equal weight” recommendation on December 14, 2023. Citigroup started covering the stock on March 31, 2023. It rated COR as “a Buy”.
Price Performance Review of COR
On Friday, Cencora Inc. [NYSE:COR] saw its stock jump 0.83% to $239.57. Over the last five days, the stock has gained 0.77%. Cencora Inc. shares have risen nearly 16.65% since the year began. Nevertheless, the stocks have risen 33.91% over the past one year. While a 52-week high of $247.66 was reached on 08/02/24, a 52-week low of $171.65 was recorded on 01/02/24. SMA at 50 days reached $232.14, while 200 days put it at $226.24.
Levels Of Support And Resistance For COR Stock
The 24-hour chart illustrates a support level at 237.71, which if violated will result in even more drops to 235.84. On the upside, there is a resistance level at 240.62. A further resistance level may holdings at 241.66. The Relative Strength Index (RSI) on the 14-day chart is 57.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.61%. Stochastics %K at 63.84% indicates the stock is a holding.
How much short interest is there in Cencora Inc.?
A steep rise in short interest was recorded in Cencora Inc. stocks on 2024-08-15, growing by 0.67 million shares to a total of 8.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-15 was 8.3 million shares. There was a rise of 7.49%, which implies that there is a positive sentiment for the stock.
