Rexford Industrial Realty Inc’s recently made public that its Chief Financial Officer CLARK LAURA E unloaded Company’s shares for reported $0.71 million on Sep 10 ’24. In the deal valued at $50.15 per share,14,185 shares were sold. As a result of this transaction, CLARK LAURA E now holds 0 shares worth roughly $0.0.
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, CLARK LAURA E bought 14,185 shares, generating $701,657 in total proceeds.
Before that, Schwimmer Howard sold 30,358 shares. Rexford Industrial Realty Inc shares valued at $1,483,343 were divested by the Co-CEO, Co-President at a price of $48.86 per share. As a result of the transaction, Schwimmer Howard now holds 50,673 shares, worth roughly $2.17 million.
Scotiabank downgraded its Rexford Industrial Realty Inc [REXR] rating to a Sector perform from a a Sector outperform in a research note published on October 25, 2024; the price target was decreased to $48 from $55. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Neutral”. Evercore ISI began covering REXR with “an Outperform” recommendation on July 10, 2024. Wedbush started covering the stock on April 22, 2024. It rated REXR as “a Neutral”.
Price Performance Review of REXR
On Monday, Rexford Industrial Realty Inc [NYSE:REXR] saw its stock jump 1.90% to $42.88. Over the last five days, the stock has gained 0.42%. Rexford Industrial Realty Inc shares have fallen nearly -23.57% since the year began. Nevertheless, the stocks have fallen -10.14% over the past one year. While a 52-week high of $58.02 was reached on 01/09/24, a 52-week low of $41.16 was recorded on 11/14/24. SMA at 50 days reached $45.99, while 200 days put it at $47.54.
Levels Of Support And Resistance For REXR Stock
The 24-hour chart illustrates a support level at 42.37, which if violated will result in even more drops to 41.87. On the upside, there is a resistance level at 43.28. A further resistance level may holdings at 43.69. The Relative Strength Index (RSI) on the 14-day chart is 45.28, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 46.42%. Stochastics %K at 35.83% indicates the stock is a holding.
How much short interest is there in Rexford Industrial Realty Inc?
A steep rise in short interest was recorded in Rexford Industrial Realty Inc stocks on 2024-10-31, dropping by -0.4 million shares to a total of 5.97 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 6.37 million shares. There was a decline of -6.73%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 27, 2024 when Barclays began covering the stock and recommended ‘”an Underweight”‘ rating along with a $45 price target.
