Churchill Downs, Inc.’s filing revealed that its Former Director FEALY ROBERT L acquired Company’s shares for reported $0.14 million on Sep 23 ’24. In the deal valued at $137.14 per share,1,000 shares were bought.
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Then, FEALY ROBERT L bought 4,879 shares, generating $683,060 in total proceeds.
Before that, FEALY ROBERT L bought 5,121 shares. Churchill Downs, Inc. shares valued at $720,280 were divested by the Former Director at a price of $140.65 per share.
BofA Securities upgraded its Churchill Downs, Inc. [CHDN] rating to a Buy from a a Neutral in a research note published on August 12, 2024; the price target was increased to $155 from $145. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid April from “an Equal weight” to “an Overweight”. Mizuho began covering CHDN with “Buy” recommendation on March 26, 2024. Wells Fargo revised its rating on January 05, 2024. It rated CHDN as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of CHDN
On Tuesday, Churchill Downs, Inc. [NASDAQ:CHDN] saw its stock jump 1.80% to $139.03. Over the last five days, the stock has gained 2.28%. Churchill Downs, Inc. shares have risen nearly 3.04% since the year began. Nevertheless, the stocks have risen 24.27% over the past one year. While a 52-week high of $146.64 was reached on 07/16/24, a 52-week low of $106.45 was recorded on 03/11/24. SMA at 50 days reached $137.21, while 200 days put it at $130.64.
Levels Of Support And Resistance For CHDN Stock
The 24-hour chart illustrates a support level at 136.51, which if violated will result in even more drops to 134.00. On the upside, there is a resistance level at 141.00. A further resistance level may holdings at 142.97. The Relative Strength Index (RSI) on the 14-day chart is 55.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.97%. Stochastics %K at 63.20% indicates the stock is a holding.
How much short interest is there in Churchill Downs, Inc.?
A steep rise in short interest was recorded in Churchill Downs, Inc. stocks on 2024-09-13, dropping by 31825.0 shares to a total of 1.07 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 1.1 million shares. There was a decline of -2.98%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on October 12, 2023 when CapitalOne began covering the stock and recommended ‘”an Overweight”‘ rating along with a $144 price target.
