Resideo Technologies Inc’s recent filing unveils that its President, ADI Aarnes Robert B unloaded Company’s shares for reported $2.59 million on Nov 20 ’24. In the deal valued at $26.16 per share,98,829 shares were sold. As a result of this transaction, Aarnes Robert B now holds 458,928 shares worth roughly $12.71 million.
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Then, Aarnes Robert B bought 98,829 shares, generating $2,569,554 in total proceeds.
Before that, Lane Jeannine J sold 15,990 shares. Resideo Technologies Inc shares valued at $409,085 were divested by the EVP, GC and Corp Sec at a price of $25.58 per share. As a result of the transaction, Lane Jeannine J now holds 128,677 shares, worth roughly $3.56 million.
Imperial Capital also remained covering REZI and has decreased its forecast on November 02, 2022 with a “an In-line” recommendation from previously “an Outperform” rating. Morgan Stanley started covering the stock on March 17, 2021. It rated REZI as “an Equal-weight”.
Price Performance Review of REZI
On Monday, Resideo Technologies Inc [NYSE:REZI] saw its stock jump 1.76% to $27.69. Over the last five days, the stock has gained 8.16%. Resideo Technologies Inc shares have risen nearly 47.13% since the year began. Nevertheless, the stocks have risen 69.36% over the past one year. While a 52-week high of $27.33 was reached on 11/25/24, a 52-week low of $16.16 was recorded on 01/17/24. SMA at 50 days reached $21.55, while 200 days put it at $20.90.
Levels Of Support And Resistance For REZI Stock
The 24-hour chart illustrates a support level at 27.27, which if violated will result in even more drops to 26.84. On the upside, there is a resistance level at 28.20. A further resistance level may holdings at 28.70. The Relative Strength Index (RSI) on the 14-day chart is 86.30, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.85, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.77%. Stochastics %K at 95.24% indicates the stock is a selling.
How much short interest is there in Resideo Technologies Inc?
A steep rise in short interest was recorded in Resideo Technologies Inc stocks on 2024-10-31, growing by 19536.0 shares to a total of 2.13 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.11 million shares. There was a rise of 0.92%, which implies that there is a positive sentiment for the stock.
