In a filing, Johnson Controls International plc revealed its Chairman & CEO Oliver George unloaded Company’s shares for reported $14.26 million on Nov 22 ’24. In the deal valued at $83.70 per share,170,430 shares were sold. As a result of this transaction, Oliver George now holds 1,166,992 shares worth roughly $97.26 million.
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Then, Oliver George sold 10,304 shares, generating $866,979 in total proceeds. Upon selling the shares at $84.14, the Chairman & CEO now owns 1,166,992 shares.
Before that, GEORGE R OLIVER SR. bought 10,304 shares. Johnson Controls International plc shares valued at $866,945 were divested by the Officer at a price of $84.14 per share.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early September from “a Neutral” to “a Buy”. Morgan Stanley began covering JCI with “an Overweight” recommendation on September 06, 2024. RBC Capital Mkts revised its rating on August 14, 2024. It rated JCI as “a Sector perform” which previously was an “an Underperform”.
Price Performance Review of JCI
On Monday, Johnson Controls International plc [NYSE:JCI] saw its stock fall -0.13% to $83.34. Over the last five days, the stock has lost -0.37%. Johnson Controls International plc shares have risen nearly 44.59% since the year began. Nevertheless, the stocks have risen 59.05% over the past one year. While a 52-week high of $87.16 was reached on 11/11/24, a 52-week low of $51.70 was recorded on 01/17/24. SMA at 50 days reached $78.34, while 200 days put it at $69.50.
Levels Of Support And Resistance For JCI Stock
The 24-hour chart illustrates a support level at 82.93, which if violated will result in even more drops to 82.53. On the upside, there is a resistance level at 84.08. A further resistance level may holdings at 84.83. The Relative Strength Index (RSI) on the 14-day chart is 59.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.97%. Stochastics %K at 70.09% indicates the stock is a holding.
How much short interest is there in Johnson Controls International plc?
A steep rise in short interest was recorded in Johnson Controls International plc stocks on 2024-10-31, dropping by -2.72 million shares to a total of 7.78 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 10.51 million shares. There was a decline of -35.02%, which implies that there is a negative sentiment for the stock.
