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Truist initates Carlisle Companies Inc (CSL) rating to a Hold

Carlisle Companies Inc’s filing revealed that its VP, Sustainability SMITH DAVID W unloaded Company’s shares for reported $0.12 million on Nov 21 ’24. In the deal valued at $443.41 per share,275 shares were sold. As a result of this transaction, SMITH DAVID W now holds 2,834 shares worth roughly $1.33 million.

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Then, David Smith bought 275 shares, generating $121,000 in total proceeds.

Before that, SMITH DAVID W sold 600 shares. Carlisle Companies Inc shares valued at $255,336 were divested by the VP, Sustainability at a price of $425.56 per share. As a result of the transaction, SMITH DAVID W now holds 2,834 shares, worth roughly $1.33 million.

Truist initiated its Carlisle Companies Inc [CSL] rating to a Hold in a research note published on November 14, 2024; the price target was $460. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Jefferies also remained covering CSL and has decreased its forecast on September 26, 2023 with a “Hold” recommendation from previously “Buy” rating. Credit Suisse revised its rating on October 14, 2022. It rated CSL as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of CSL

On Monday, Carlisle Companies Inc [NYSE:CSL] saw its stock jump 4.45% to $469.68. Over the last five days, the stock has gained 6.96%. Carlisle Companies Inc shares have risen nearly 50.33% since the year began. Nevertheless, the stocks have risen 70.30% over the past one year. While a 52-week high of $481.26 was reached on 10/14/24, a 52-week low of $272.15 was recorded on 01/16/24. SMA at 50 days reached $447.25, while 200 days put it at $408.86.

Levels Of Support And Resistance For CSL Stock

The 24-hour chart illustrates a support level at 456.16, which if violated will result in even more drops to 442.64. On the upside, there is a resistance level at 477.93. A further resistance level may holdings at 486.18. The Relative Strength Index (RSI) on the 14-day chart is 63.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.34, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 6.66%. Stochastics %K at 72.88% indicates the stock is a holding.

How much short interest is there in Carlisle Companies Inc?

A steep rise in short interest was recorded in Carlisle Companies Inc stocks on 2024-10-31, growing by 43530.0 shares to a total of 0.9 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 0.85 million shares. There was a rise of 4.85%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 05, 2022 when Credit Suisse began covering the stock and recommended ‘”a Neutral”‘ rating along with a $275 price target.

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