In a filing, Sun Communities, Inc. revealed its CEO – Safe Harbor Marinas, LLC Underwood Baxter unloaded Company’s shares for reported $0.39 million on Aug 05 ’24. In the deal valued at $131.43 per share,3,000 shares were sold. As a result of this transaction, Underwood Baxter now holds 63,462 shares worth roughly $8.63 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, Leupold Craig sold 2,500 shares, generating $320,986 in total proceeds. Upon selling the shares at $128.39, the Director now owns 0 shares.
Before that, Underwood Baxter sold 4,000 shares. Sun Communities, Inc. shares valued at $525,920 were divested by the CEO – Safe Harbor Marinas, LLC at a price of $131.48 per share. As a result of the transaction, Underwood Baxter now holds 66,852 shares, worth roughly $9.09 million.
Evercore ISI downgraded its Sun Communities, Inc. [SUI] rating to an In-line from a an Outperform in a research note published on September 16, 2024; the price target was increased to $149 from $144. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in late January with a ‘”a Hold”‘ rating. Truist also remained covering SUI and has decreased its forecast on January 16, 2024 with a “Hold” recommendation from previously “Buy” rating. Compass Point started covering the stock on October 10, 2023. It rated SUI as “a Neutral”.
Price Performance Review of SUI
On Friday, Sun Communities, Inc. [NYSE:SUI] saw its stock jump 0.27% to $135.98. Over the last five days, the stock has lost -3.34%. Sun Communities, Inc. shares have risen nearly 1.74% since the year began. Nevertheless, the stocks have risen 14.45% over the past one year. While a 52-week high of $147.83 was reached on 09/13/24, a 52-week low of $102.74 was recorded on 04/30/24. SMA at 50 days reached $134.02, while 200 days put it at $127.10.
Levels Of Support And Resistance For SUI Stock
The 24-hour chart illustrates a support level at 135.22, which if violated will result in even more drops to 134.47. On the upside, there is a resistance level at 137.01. A further resistance level may holdings at 138.05. The Relative Strength Index (RSI) on the 14-day chart is 44.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.87%. Stochastics %K at 19.79% indicates the stock is a buying.
How much short interest is there in Sun Communities, Inc.?
A steep rise in short interest was recorded in Sun Communities, Inc. stocks on 2024-09-13, growing by 2.47 million shares to a total of 4.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.58 million shares. There was a rise of 61.04%, which implies that there is a positive sentiment for the stock.
