Fluor Corporation’s filing revealed that its EVP, CHIEF FINANCIAL OFFICER Brennan Joseph L unloaded Company’s shares for reported $0.58 million on Oct 07 ’24. In the deal valued at $50.30 per share,11,619 shares were sold. As a result of this transaction, Brennan Joseph L now holds 41,908 shares worth roughly $-2.16 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, Brennan Joseph L sold 4,012 shares, generating $200,622 in total proceeds. Upon selling the shares at $50.01, the EVP, CHIEF FINANCIAL OFFICER now owns 53,527 shares.
Before that, Brennan Joseph L sold 15,335 shares. Fluor Corporation shares valued at $729,440 were divested by the EVP, CHIEF FINANCIAL OFFICER at a price of $47.57 per share. As a result of the transaction, Brennan Joseph L now holds 57,834 shares, worth roughly $2.98 million.
KeyBanc Capital Markets upgraded its Fluor Corporation [FLR] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in mid March with a ‘”a Buy”‘ rating. UBS revised its rating on October 04, 2023. It rated FLR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of FLR
On Monday, Fluor Corporation [NYSE:FLR] saw its stock jump 1.08% to $51.61. Over the last five days, the stock has gained 1.92%. Fluor Corporation shares have risen nearly 31.76% since the year began. Nevertheless, the stocks have risen 39.45% over the past one year. While a 52-week high of $51.64 was reached on 10/14/24, a 52-week low of $32.31 was recorded on 02/23/24. SMA at 50 days reached $47.85, while 200 days put it at $42.78.
Levels Of Support And Resistance For FLR Stock
The 24-hour chart illustrates a support level at 51.19, which if violated will result in even more drops to 50.77. On the upside, there is a resistance level at 51.85. A further resistance level may holdings at 52.09. The Relative Strength Index (RSI) on the 14-day chart is 68.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.98%. Stochastics %K at 88.38% indicates the stock is a selling.
How much short interest is there in Fluor Corporation?
A steep rise in short interest was recorded in Fluor Corporation stocks on 2024-09-30, growing by 1.32 million shares to a total of 6.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 5.67 million shares. There was a rise of 18.86%, which implies that there is a positive sentiment for the stock.
