Centuri Holdings Inc’s recent filing unveils that its Director Fehrman William acquired Company’s shares for reported $0.33 million on Jul 31 ’24. In the deal valued at $16.50 per share,20,000 shares were bought. As a result of this transaction, Fehrman William now holds 45,000 shares worth roughly $0.85 million.
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Then, Izenstark Gregory A. bought 5,250 shares, generating $110,250 in total proceeds. Upon buying the shares at $21.00, the Chief Financial Officer now owns 5,250 shares.
Before that, Dill Julie bought 5,000 shares. Centuri Holdings Inc shares valued at $105,000 were divested by the Director at a price of $21.00 per share. As a result of the transaction, Dill Julie now holds 5,000 shares, worth roughly $94750.0.
JP Morgan downgraded its Centuri Holdings Inc [CTRI] rating to an Underweight from a a Neutral in a research note published on October 07, 2024; the price target was decreased to $16 from $19. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in late July from “a Buy” to “a Neutral”. BofA Securities also remained covering CTRI and has decreased its forecast on June 27, 2024 with a “an Underperform” recommendation from previously “Neutral” rating. Wells Fargo started covering the stock on May 13, 2024. It rated CTRI as “an Overweight”.
Price Performance Review of CTRI
On Monday, Centuri Holdings Inc [NYSE:CTRI] saw its stock fall -0.26% to $18.95. Over the last five days, the stock has gained 3.10%. Centuri Holdings Inc shares have fallen nearly -18.07% since the year began.
Levels Of Support And Resistance For CTRI Stock
The 24-hour chart illustrates a support level at 18.50, which if violated will result in even more drops to 18.05. On the upside, there is a resistance level at 19.46. A further resistance level may holdings at 19.96. The Relative Strength Index (RSI) on the 14-day chart is 61.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 32.94%. Stochastics %K at 74.62% indicates the stock is a holding.
How much short interest is there in Centuri Holdings Inc?
A steep rise in short interest was recorded in Centuri Holdings Inc stocks on 2024-10-15, dropping by -0.41 million shares to a total of 2.79 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 3.21 million shares. There was a decline of -14.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 13, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $30 price target.
