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CME Group Inc (CME) gets rating Downgrade from Redburn Atlantic

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CME Group Inc’s recent filing unveils that its Director SHEPARD WILLIAM R acquired Company’s shares for reported $61245.0 on Sep 25 ’24. In the deal valued at $218.50 per share,280 shares were bought. As a result of this transaction, SHEPARD WILLIAM R now holds 255,172 shares worth roughly $57.94 million.

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Then, SHEPARD WILLIAM R bought 12 shares, generating $2,700 in total proceeds. Upon buying the shares at $218.50, the Director now owns 2,360 shares.

Before that, Fitzpatrick Lynne sold 754 shares. CME Group Inc shares valued at $163,610 were divested by the Sr MD Chief Financial Officer at a price of $216.99 per share. As a result of the transaction, Fitzpatrick Lynne now holds 13,261 shares, worth roughly $3.01 million.

Redburn Atlantic downgraded its CME Group Inc [CME] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who began to cover the stock in late September with a ‘”a Sector perform”‘ rating. TD Cowen began covering CME with “Hold” recommendation on September 26, 2024. BofA Securities revised its rating on September 03, 2024. It rated CME as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of CME

On Monday, CME Group Inc [NASDAQ:CME] saw its stock fall -0.56% to $227.05. Over the last five days, the stock has gained 1.27%. CME Group Inc shares have risen nearly 7.81% since the year began. Nevertheless, the stocks have risen 8.70% over the past one year. While a 52-week high of $230.12 was reached on 10/17/24, a 52-week low of $190.70 was recorded on 06/18/24. SMA at 50 days reached $217.14, while 200 days put it at $209.12.

Levels Of Support And Resistance For CME Stock

The 24-hour chart illustrates a support level at 226.02, which if violated will result in even more drops to 224.98. On the upside, there is a resistance level at 228.06. A further resistance level may holdings at 229.06. The Relative Strength Index (RSI) on the 14-day chart is 66.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.33, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 30.67%. Stochastics %K at 77.32% indicates the stock is a holding.

How much short interest is there in CME Group Inc?

A steep rise in short interest was recorded in CME Group Inc stocks on 2024-09-30, dropping by -0.24 million shares to a total of 3.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 3.89 million shares. There was a decline of -6.62%, which implies that there is a negative sentiment for the stock.

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