Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Global Payments, Inc shares valued at $250,015 were sold by Carter Andrea M on Nov 04 ’24. At $105.67 per share, Carter Andrea M sold 2,366 shares. The insider’s holdings dropped to 22,078 shares worth approximately $2.56 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, Carter Andrea M purchased 2,366 shares, netting a total of over 250,006 in proceeds.
Before that, Green David Lawrence had sold 31,291 shares from its account. In a trade valued at $3,271,474, the Chief Administrative Officer traded Global Payments, Inc shares for $104.55 each. Upon closing the transaction, the insider’s holdings decreased to 31,291 shares, worth approximately $7.69 million.
As published in a research note from Bernstein on October 22, 2024, Global Payments, Inc [GPN] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $112 from $135. As of September 25, 2024, Monness Crespi & Hardt has reiterated its “Buy” rating for GPN. Earlier on September 25, 2024, B. Riley Securities resumed its rating. Their recommendation was “a Buy” for GPN stock.
Analyzing GPN Stock Performance
During the last five days, there has been a surge of approximately 0.90%. Over the course of the year, Global Payments, Inc shares have dropped approximately -8.61%. Shares of the company reached a 52-week high of $141.77 on 02/15/24 and a 52-week low of $91.60 on 06/18/24. A 50-day SMA is recorded $104.94, while a 200-day SMA reached $111.75. Nevertheless, trading volume fell to 2.03 million shares from 2.75 million shares the previous day.
Support And Resistance Levels for Global Payments, Inc (GPN)
According to the 24-hour chart, there is a support level at 115.47, which, if violated, would cause prices to drop to 114.87. In the upper region, resistance lies at 117.20. The next price resistance is at 118.33. RSI (Relative Strength Index) is 68.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 8.12, which suggests the price will increase in the coming days. Percent R is at 9.23%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
