The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Terex Corp shares valued at $1,051,740 were sold by Hegarty Kieran on Nov 06 ’24. At $58.43 per share, Hegarty Kieran sold 18,000 shares. The insider’s holdings dropped to 182,493 shares worth approximately $9.65 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, SACHS DAVID A purchased 10,000 shares, netting a total of over 569,800 in proceeds. Following the buying of shares at $56.98 each, the insider now holds 97,500 shares.
Before that, Hegarty Kieran had added 18,000 shares to its account. In a trade valued at $1,051,650, the Officer bought Terex Corp shares for $58.42 each.
As published in their initiating research note from Raymond James on June 28, 2024, Terex Corp [TEX] has been a Mkt perform. Analysts at Citigroup started covering the stock with ‘”a Neutral”‘ outlook in a report released in late June. As of March 18, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for TEX. Earlier on March 14, 2024, Truist initiated its rating. Their recommendation was “a Buy” for TEX stock.
Analyzing TEX Stock Performance
During the last five days, there has been a surge of approximately 0.61%. Over the course of the year, Terex Corp shares have dropped approximately -7.95%. Shares of the company reached a 52-week high of $68.08 on 07/26/24 and a 52-week low of $48.11 on 09/11/24. A 50-day SMA is recorded $53.39, while a 200-day SMA reached $56.72. Nevertheless, trading volume fell to 0.56 million shares from 0.53 million shares the previous day.
Support And Resistance Levels for Terex Corp (TEX)
According to the 24-hour chart, there is a support level at 52.11, which, if violated, would cause prices to drop to 51.33. In the upper region, resistance lies at 53.53. The next price resistance is at 54.16. RSI (Relative Strength Index) is 48.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.28, which suggests the price will decrease in the coming days. Percent R is at 68.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
