Campbell Soup Co.’s recent filing unveils that its Officer Stanley Polomski acquired Company’s shares for reported $0.65 million on Oct 01 ’24. In the deal valued at $48.34 per share,13,440 shares were bought.
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, Sanzio Anthony sold 250 shares, generating $10,938 in total proceeds. Upon selling the shares at $43.75, the Executive Vice President now owns 13,988 shares.
Before that, Sanzio Anthony sold 3,000 shares. Campbell Soup Co. shares valued at $132,930 were divested by the Executive Vice President at a price of $44.31 per share. As a result of the transaction, Sanzio Anthony now holds 14,238 shares, worth roughly $0.69 million.
DA Davidson downgraded its Campbell Soup Co. [CPB] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in mid September from “a Hold” to “a Buy”. JP Morgan also remained covering CPB and has increased its forecast on June 26, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Bernstein revised its rating on May 15, 2024. It rated CPB as “a Mkt perform” which previously was an “an Underperform”.
Price Performance Review of CPB
On Tuesday, Campbell Soup Co. [NASDAQ:CPB] saw its stock fall -1.14% to $48.36. Over the last five days, the stock has lost -2.60%. Campbell Soup Co. shares have risen nearly 11.87% since the year began. Nevertheless, the stocks have risen 17.72% over the past one year. While a 52-week high of $52.81 was reached on 09/10/24, a 52-week low of $37.94 was recorded on 02/14/24. SMA at 50 days reached $49.51, while 200 days put it at $45.43.
Levels Of Support And Resistance For CPB Stock
The 24-hour chart illustrates a support level at 48.05, which if violated will result in even more drops to 47.74. On the upside, there is a resistance level at 48.87. A further resistance level may holdings at 49.38. The Relative Strength Index (RSI) on the 14-day chart is 37.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.21%. Stochastics %K at 9.45% indicates the stock is a buying.
How much short interest is there in Campbell Soup Co.?
A steep rise in short interest was recorded in Campbell Soup Co. stocks on 2024-09-13, dropping by -2.05 million shares to a total of 15.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 18.01 million shares. There was a decline of -12.87%, which implies that there is a negative sentiment for the stock.
