Mastec Inc’s filing revealed that its Director Campbell C Robert unloaded Company’s shares for reported $0.44 million on Nov 11 ’24. In the deal valued at $145.41 per share,3,000 shares were sold. As a result of this transaction, Campbell C Robert now holds 45,173 shares worth roughly $6.43 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, Love Timothy Michael sold 600 shares, generating $84,485 in total proceeds. Upon selling the shares at $140.81, the CAO now owns 11,196 shares.
Before that, Love Timothy Michael bought 600 shares. Mastec Inc shares valued at $84,485 were divested by the Officer at a price of $140.81 per share.
Truist upgraded its Mastec Inc [MTZ] rating to a Buy from a a Hold in a research note published on November 05, 2024; the price target was increased to $173 from $133. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early November has reiterated a ‘”a Buy”‘ rating for it. JP Morgan began covering MTZ with “an Overweight” recommendation on October 07, 2024. TD Cowen maintained its rating on May 06, 2024. It rated MTZ as “a Buy”.
Price Performance Review of MTZ
On Tuesday, Mastec Inc [NYSE:MTZ] saw its stock jump 2.83% to $142.40. Over the last five days, the stock has gained 1.91%. Mastec Inc shares have risen nearly 88.06% since the year began. Nevertheless, the stocks have risen 166.82% over the past one year. While a 52-week high of $147.23 was reached on 11/11/24, a 52-week low of $52.88 was recorded on 01/23/24. SMA at 50 days reached $127.11, while 200 days put it at $105.15.
Levels Of Support And Resistance For MTZ Stock
The 24-hour chart illustrates a support level at 137.94, which if violated will result in even more drops to 133.49. On the upside, there is a resistance level at 144.82. A further resistance level may holdings at 147.25. The Relative Strength Index (RSI) on the 14-day chart is 65.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.03%. Stochastics %K at 70.05% indicates the stock is a holding.
How much short interest is there in Mastec Inc?
A steep rise in short interest was recorded in Mastec Inc stocks on 2024-10-31, dropping by -0.47 million shares to a total of 2.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.74 million shares. There was a decline of -20.89%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 14, 2024 when Truist began covering the stock and recommended ‘”a Hold”‘ rating along with a $96 price target.
