Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Casey’s General Stores, Inc shares valued at $100,440 were purchased by Spanos Mike on Sep 18 ’24. At $376.18 per share, Spanos Mike acquired 267 shares. The insider’s holdings grew to 2,594 shares worth approximately $1.09 million following the completion of this transaction.
Also, Koschel Williams Ena sold 5,500 shares, netting a total of over 2,068,055 in proceeds. Following the sale of shares at $376.01 each, the insider now holds 15,369 shares.
Before that, Koschel Williams Ena had added 5,500 shares to its account. In a trade valued at $2,068,028, the Officer bought Casey’s General Stores, Inc shares for $376.01 each.
As published in their initiating research note from Gordon Haskett on November 04, 2024, Casey’s General Stores, Inc [CASY] has been a Hold and the price target has been revised to $400. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid September. As of July 11, 2024, Northcoast has increased its “Neutral” rating to a “Buy” for CASY. Earlier on May 15, 2024, Northcoast downgraded its rating. Their new recommendation was “a Neutral” for CASY stock which previously was a “a Buy”.
Analyzing CASY Stock Performance
During the last five days, there has been a surge of approximately 1.70%. Over the course of the year, Casey’s General Stores, Inc shares have jumped approximately 53.23%. Shares of the company reached a 52-week high of $435.60 on 11/25/24 and a 52-week low of $268.07 on 01/29/24. A 50-day SMA is recorded $393.25, while a 200-day SMA reached $355.15. Nevertheless, trading volume fell to 0.21 million shares from 0.28 million shares the previous day.
Support And Resistance Levels for Casey’s General Stores, Inc (CASY)
According to the 24-hour chart, there is a support level at 416.06, which, if violated, would cause prices to drop to 411.13. In the upper region, resistance lies at 427.48. The next price resistance is at 433.97. RSI (Relative Strength Index) is 61.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.02, which suggests the price will increase in the coming days. Percent R is at 37.42%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
