In a filing, Matson Inc revealed its Senior Vice President Cerocke Grace M unloaded Company’s shares for reported $0.28 million on Sep 04 ’24. In the deal valued at $134.23 per share,2,096 shares were sold. As a result of this transaction, Cerocke Grace M now holds 12,180 shares worth roughly $1.64 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, Taylor Jason Lee sold 1,000 shares, generating $135,730 in total proceeds. Upon selling the shares at $135.73, the Senior Vice President now owns 9,392 shares.
Before that, Taylor Jason Lee bought 1,000 shares. Matson Inc shares valued at $135,730 were divested by the Officer at a price of $135.73 per share.
Wolfe Research upgraded its Matson Inc [MATX] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid November from “an Underperform” to “a Peer perform”. Wolfe Research began covering MATX with “an Underperform” recommendation on August 16, 2022. Stifel revised its rating on August 02, 2022. It rated MATX as “a Hold” which previously was an “a Buy”.
Price Performance Review of MATX
On Friday, Matson Inc [NYSE:MATX] saw its stock fall -1.79% to $134.72. Over the last five days, the stock has gained 1.58%. Matson Inc shares have risen nearly 22.92% since the year began. Nevertheless, the stocks have risen 54.46% over the past one year. While a 52-week high of $138.84 was reached on 09/20/24, a 52-week low of $82.68 was recorded on 05/01/24. SMA at 50 days reached $131.13, while 200 days put it at $118.18.
Levels Of Support And Resistance For MATX Stock
The 24-hour chart illustrates a support level at 132.23, which if violated will result in even more drops to 129.74. On the upside, there is a resistance level at 139.06. A further resistance level may holdings at 143.40. The Relative Strength Index (RSI) on the 14-day chart is 55.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.81, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 35.13%. Stochastics %K at 72.37% indicates the stock is a holding.
How much short interest is there in Matson Inc?
A steep rise in short interest was recorded in Matson Inc stocks on 2024-08-30, dropping by -0.11 million shares to a total of 0.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 0.55 million shares. There was a decline of -24.53%, which implies that there is a negative sentiment for the stock.
