Griffon Corp’s recently made public that its Director Sullivan Kevin F unloaded Company’s shares for reported $0.7 million on Nov 18 ’24. In the deal valued at $75.50 per share,9,222 shares were sold. As a result of this transaction, Sullivan Kevin F now holds 41,168 shares worth roughly $3.51 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, Kevin F. Sullivan bought 9,222 shares, generating $680,676 in total proceeds.
Before that, SIGHT JAMES W sold 3,660 shares. Griffon Corp shares valued at $279,697 were divested by the Director at a price of $76.42 per share. As a result of the transaction, SIGHT JAMES W now holds 16,708 shares, worth roughly $1.42 million.
Deutsche Bank initiated its Griffon Corp [GFF] rating to a Buy in a research note published on October 27, 2023; the price target was $65. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in early May from “an Outperform” to “a Strong buy”. Stephens began covering GFF with “an Overweight” recommendation on November 11, 2020. Truist started covering the stock on September 17, 2020. It rated GFF as “a Buy”.
Price Performance Review of GFF
On Monday, Griffon Corp [NYSE:GFF] saw its stock jump 2.65% to $85.16. Over the last five days, the stock has gained 15.02%. Griffon Corp shares have risen nearly 39.72% since the year began. Nevertheless, the stocks have risen 81.27% over the past one year. While a 52-week high of $83.76 was reached on 11/25/24, a 52-week low of $45.70 was recorded on 08/07/24. SMA at 50 days reached $69.38, while 200 days put it at $67.94.
Levels Of Support And Resistance For GFF Stock
The 24-hour chart illustrates a support level at 83.40, which if violated will result in even more drops to 81.63. On the upside, there is a resistance level at 86.83. A further resistance level may holdings at 88.49. The Relative Strength Index (RSI) on the 14-day chart is 74.09, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.89, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.60%. Stochastics %K at 94.52% indicates the stock is a selling.
How much short interest is there in Griffon Corp?
A steep rise in short interest was recorded in Griffon Corp stocks on 2024-10-31, growing by 0.97 million shares to a total of 2.67 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.7 million shares. There was a rise of 36.33%, which implies that there is a positive sentiment for the stock.
