Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Greenbrier Cos., Inc shares valued at $321,750 were sold by Galvan Ricardo on Nov 06 ’24. At $65.00 per share, Galvan Ricardo sold 4,950 shares. The insider’s holdings dropped to 27,472 shares worth approximately $1.87 million following the completion of this transaction.
Also, RICARDO GALVAN purchased 4,950 shares, netting a total of over 321,750 in proceeds.
Before that, Krueger William J. had sold 2,000 shares from its account. In a trade valued at $117,561, the SVP, COO, The Americas traded Greenbrier Cos., Inc shares for $58.78 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $3.32 million.
As published in a research note from TD Cowen on April 08, 2024, Greenbrier Cos., Inc [GBX] has been retained to a Buy and the price target has been revised to $60. Analysts at Susquehanna upgraded the stock from ‘”a Neutral”‘ to ‘”a Positive”‘ outlook in a report released in mid October. As of September 07, 2023, Wells Fargo has decreased its “an Overweight” rating to a “an Equal weight” for GBX. Earlier on January 17, 2023, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for GBX stock which previously was a “a Neutral”.
Analyzing GBX Stock Performance
During the last five days, there has been a surge of approximately 5.84%. Over the course of the year, Greenbrier Cos., Inc shares have jumped approximately 54.14%. Shares of the company reached a 52-week high of $68.90 on 11/27/24 and a 52-week low of $41.40 on 07/08/24. A 50-day SMA is recorded $57.36, while a 200-day SMA reached $51.65. Nevertheless, trading volume fell to 0.14 million shares from 0.27 million shares the previous day.
Support And Resistance Levels for Greenbrier Cos., Inc (GBX)
According to the 24-hour chart, there is a support level at 67.74, which, if violated, would cause prices to drop to 67.38. In the upper region, resistance lies at 68.68. The next price resistance is at 69.26. RSI (Relative Strength Index) is 75.29 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.96, which suggests the price will increase in the coming days. Percent R is at 14.34%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
