KD Logo

California Resources Corporation [CRC] Stock sold by Insider Repetti Noelle M. for $0.53 million

California Resources Corporation’s recent filing unveils that its Senior VP and Controller Repetti Noelle M. unloaded Company’s shares for reported $0.53 million on Sep 17 ’24. In the deal valued at $53.00 per share,10,000 shares were sold. As a result of this transaction, Repetti Noelle M. now holds 17,301 shares worth roughly $0.91 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, Repetti Noelle M. bought 10,000 shares, generating $530,000 in total proceeds.

Before that, Leon Francisco sold 7,500 shares. California Resources Corporation shares valued at $368,878 were divested by the President and CEO at a price of $49.18 per share. As a result of the transaction, Leon Francisco now holds 166,357 shares, worth roughly $8.73 million.

BofA Securities upgraded its California Resources Corporation [CRC] rating to a Buy from a a Neutral in a research note published on August 21, 2024; the price target was increased to $65 from $57. A number of analysts have revised their coverage, including TD Cowen’s analysts, who began to cover the stock in early August with a ‘”a Buy”‘ rating. Barclays started covering the stock on April 10, 2024. It rated CRC as “an Equal weight”.

Price Performance Review of CRC

On Monday, California Resources Corporation [NYSE:CRC] saw its stock jump 1.94% to $52.47. Over the last five days, the stock has lost -1.82%. California Resources Corporation shares have fallen nearly -4.04% since the year began. Nevertheless, the stocks have fallen -9.27% over the past one year. While a 52-week high of $58.19 was reached on 04/12/24, a 52-week low of $43.09 was recorded on 08/06/24. SMA at 50 days reached $50.15, while 200 days put it at $51.40.

Levels Of Support And Resistance For CRC Stock

The 24-hour chart illustrates a support level at 51.34, which if violated will result in even more drops to 50.21. On the upside, there is a resistance level at 53.19. A further resistance level may holdings at 53.91. The Relative Strength Index (RSI) on the 14-day chart is 55.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.42%. Stochastics %K at 57.24% indicates the stock is a holding.

How much short interest is there in California Resources Corporation?

A steep rise in short interest was recorded in California Resources Corporation stocks on 2024-09-13, dropping by -0.8 million shares to a total of 5.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 6.3 million shares. There was a decline of -14.56%, which implies that there is a negative sentiment for the stock.

Most Popular