Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Stifel Financial Corp. shares valued at $1,038,700 were sold by PEACOCK DAVID A on May 02 ’24. At $79.90 per share, PEACOCK DAVID A sold 13,000 shares. The insider’s holdings dropped to 18,646 shares worth approximately $1.94 million following the completion of this transaction.
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Also, SLINEY DAVID D sold 17,000 shares, netting a total of over 1,272,110 in proceeds. Following the sale of shares at $74.83 each, the insider now holds 189,714 shares.
Before that, SLINEY DAVID D had sold 3,795 shares from its account. In a trade valued at $280,868, the Chief Operating Officer traded Stifel Financial Corp. shares for $74.01 each. Upon closing the transaction, the insider’s holdings decreased to 3,795 shares, worth approximately $19.25 million.
As published in their initiating research note from Wells Fargo on September 12, 2024, Stifel Financial Corp. [SF] has been an Overweight and the price target has been revised to $101. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in late July. As of July 08, 2024, TD Cowen has decreased its “Buy” rating to a “Hold” for SF. Earlier on January 04, 2024, TD Cowen initiated its rating. Their recommendation was “an Outperform” for SF stock.
Analyzing SF Stock Performance
During the last five days, there has been a surge of approximately 1.81%. Over the course of the year, Stifel Financial Corp. shares have jumped approximately 50.79%. Shares of the company reached a 52-week high of $104.80 on 10/24/24 and a 52-week low of $67.61 on 01/03/24. A 50-day SMA is recorded $91.55, while a 200-day SMA reached $81.71. Nevertheless, trading volume fell to 0.74 million shares from 0.58 million shares the previous day.
Support And Resistance Levels for Stifel Financial Corp. (SF)
According to the 24-hour chart, there is a support level at 102.77, which, if violated, would cause prices to drop to 101.28. In the upper region, resistance lies at 105.28. The next price resistance is at 106.30. RSI (Relative Strength Index) is 77.47 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.61, which suggests the price will increase in the coming days. Percent R is at 5.20%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
