Darling Ingredients Inc’s recent filing unveils that its EVP Chief Admin Officer McNutt Patrick acquired Company’s shares for reported $51805.0 on Aug 16 ’24. In the deal valued at $39.85 per share,1,300 shares were bought. As a result of this transaction, McNutt Patrick now holds 21,867 shares worth roughly $-0.8 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, Day Robert W bought 2,532 shares, generating $99,685 in total proceeds. Upon buying the shares at $39.37, the EVP Chief Strategy Officer now owns 12,607 shares.
Before that, STUEWE RANDALL C sold 34,960 shares. Darling Ingredients Inc shares valued at $1,497,686 were divested by the Chairman and CEO at a price of $42.84 per share. As a result of the transaction, STUEWE RANDALL C now holds 718,848 shares, worth roughly $26.41 million.
TD Cowen reiterated its Darling Ingredients Inc [DAR] rating to a Hold in a research note published on September 13, 2024; the price target was $43. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in mid June from “a Neutral” to “a Buy”. Citigroup began covering DAR with “Neutral” recommendation on February 01, 2024. Tudor Pickering Holt & Co. revised its rating on October 13, 2023. It rated DAR as “a Hold” which previously was an “a Buy”.
Price Performance Review of DAR
On Monday, Darling Ingredients Inc [NYSE:DAR] saw its stock fall -0.65% to $36.74. Over the last five days, the stock has lost -1.90%. Darling Ingredients Inc shares have fallen nearly -26.28% since the year began. Nevertheless, the stocks have fallen -18.57% over the past one year. While a 52-week high of $51.36 was reached on 01/02/24, a 52-week low of $32.67 was recorded on 09/11/24. SMA at 50 days reached $37.51, while 200 days put it at $40.88.
Levels Of Support And Resistance For DAR Stock
The 24-hour chart illustrates a support level at 36.20, which if violated will result in even more drops to 35.65. On the upside, there is a resistance level at 37.12. A further resistance level may holdings at 37.49. The Relative Strength Index (RSI) on the 14-day chart is 49.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.55%. Stochastics %K at 41.72% indicates the stock is a holding.
How much short interest is there in Darling Ingredients Inc?
A steep rise in short interest was recorded in Darling Ingredients Inc stocks on 2024-09-30, growing by 1.09 million shares to a total of 10.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 9.46 million shares. There was a rise of 10.37%, which implies that there is a positive sentiment for the stock.
