Columbus Mckinnon Corp’s recent filing unveils that its President & CEO Wilson David J. acquired Company’s shares for reported $1.0 million on Nov 01 ’24. In the deal valued at $32.02 per share,31,300 shares were bought. As a result of this transaction, Wilson David J. now holds 31,300 shares worth roughly $1.05 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, STEPHENS CHRISTOPHER J bought 1,500 shares, generating $58,065 in total proceeds. Upon buying the shares at $38.71, the Director now owns 1,500 shares.
Before that, Paradowski Mark R bought 4 shares. Columbus Mckinnon Corp shares valued at $176 were divested by the Sr. VP Information Services at a price of $43.88 per share. As a result of the transaction, Paradowski Mark R now holds 26,890 shares, worth roughly $0.9 million.
JP Morgan initiated its Columbus Mckinnon Corp [CMCO] rating to an Overweight in a research note published on June 04, 2024; the price target was $53. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late May from “an Overweight” to “a Neutral”. Craig Hallum also remained covering CMCO and has decreased its forecast on May 25, 2022 with a “Hold” recommendation from previously “Buy” rating. JP Morgan started covering the stock on December 07, 2021. It rated CMCO as “an Overweight”.
Price Performance Review of CMCO
On Tuesday, Columbus Mckinnon Corp [NASDAQ:CMCO] saw its stock jump 7.03% to $33.63. Over the last five days, the stock has gained 4.31%. Columbus Mckinnon Corp shares have fallen nearly -13.81% since the year began. Nevertheless, the stocks have fallen -0.97% over the past one year. While a 52-week high of $45.84 was reached on 05/20/24, a 52-week low of $29.26 was recorded on 09/11/24. SMA at 50 days reached $33.17, while 200 days put it at $37.77.
Levels Of Support And Resistance For CMCO Stock
The 24-hour chart illustrates a support level at 32.39, which if violated will result in even more drops to 31.14. On the upside, there is a resistance level at 34.35. A further resistance level may holdings at 35.06. The Relative Strength Index (RSI) on the 14-day chart is 52.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 30.17%. Stochastics %K at 44.05% indicates the stock is a holding.
How much short interest is there in Columbus Mckinnon Corp?
A steep rise in short interest was recorded in Columbus Mckinnon Corp stocks on 2024-10-15, growing by 91979.0 shares to a total of 0.45 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 0.36 million shares. There was a rise of 20.25%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 03, 2021 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $70 price target.
