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Taking a look at what insiders are doing to gauge the CTO Realty Growth Inc (CTO)’s direction

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CTO Realty Growth Inc shares valued at $608,927 were purchased by Albright John P on Nov 11 ’24. At $20.65 per share, Albright John P acquired 29,488 shares.

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Also, Albright John P sold 29,488 shares, netting a total of over 610,579 in proceeds. Following the sale of shares at $20.71 each, the insider now holds 570,554 shares.

Before that, Haga Christopher W had sold 3,000 shares from its account. In a trade valued at $58,361, the Director traded CTO Realty Growth Inc shares for $19.45 each. Upon closing the transaction, the insider’s holdings decreased to 3,000 shares, worth approximately $0.0.

As published in a research note from Raymond James on October 30, 2024, CTO Realty Growth Inc [CTO] has been rated up from an Outperform to a Strong buy and the price target has been revised to $24 from $22. Analysts at Alliance Global Partners started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of June 17, 2022, Raymond James has initiated its “an Outperform” rating for CTO. Earlier on May 28, 2021, BTIG Research initiated its rating. Their recommendation was “a Buy” for CTO stock.

Analyzing CTO Stock Performance

During the last five days, there has been a surge of approximately 0.34%. Over the course of the year, CTO Realty Growth Inc shares have jumped approximately 18.35%. Shares of the company reached a 52-week high of $21.15 on 09/10/24 and a 52-week low of $16.16 on 02/14/24. A 50-day SMA is recorded $19.55, while a 200-day SMA reached $18.34. Nevertheless, trading volume fell to 0.55 million shares from 0.44 million shares the previous day.

Support And Resistance Levels for CTO Realty Growth Inc (CTO)

According to the 24-hour chart, there is a support level at 20.30, which, if violated, would cause prices to drop to 20.09. In the upper region, resistance lies at 20.72. The next price resistance is at 20.92. RSI (Relative Strength Index) is 63.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.41, which suggests the price will decrease in the coming days. Percent R is at 15.27%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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