The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ferguson Enterprises Inc. shares valued at $267,319 were sold by Winckler Richard on Oct 14 ’24. At $201.75 per share, Winckler Richard sold 1,325 shares. The insider’s holdings dropped to 1,000 shares worth approximately $0.2 million following the completion of this transaction.
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
Also, Williams Garland sold 1,118 shares, netting a total of over 224,963 in proceeds. Following the sale of shares at $201.22 each, the insider now holds 1,882 shares.
Before that, Thees William T. Jr had sold 5,111 shares from its account. In a trade valued at $1,027,159, the Senior Vice President traded Ferguson Enterprises Inc. shares for $200.97 each. Upon closing the transaction, the insider’s holdings decreased to 5,111 shares, worth approximately $4.99 million.
As published in their initiating research note from Oppenheimer on October 23, 2024, Ferguson Enterprises Inc. [FERG] has been an Outperform and the price target has been revised to $234. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early January. As of January 04, 2024, Wells Fargo has increased its “an Equal weight” rating to a “an Overweight” for FERG. Earlier on October 31, 2023, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for FERG stock which previously was a “a Neutral”.
Analyzing FERG Stock Performance
During the last five days, there has been a drop of approximately -3.61%. Over the course of the year, Ferguson Enterprises Inc. shares have jumped approximately 1.25%. Nevertheless, trading volume fell to 0.66 million shares from 1.35 million shares the previous day.
Support And Resistance Levels for Ferguson Enterprises Inc. (FERG)
RSI (Relative Strength Index) is 44.05 on the 14-day chart, showing neutral technical sentiment.
