Cousins Properties Inc’s recent filing unveils that its EVP, General Counsel Roper Pamela F unloaded Company’s shares for reported $0.21 million on Sep 12 ’24. In the deal valued at $29.13 per share,7,047 shares were sold. As a result of this transaction, Roper Pamela F now holds 49,322 shares worth roughly $1.51 million.
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Then, Roper Pamela F bought 7,047 shares, generating $201,544 in total proceeds.
Before that, Symes Jeffrey D sold 5,997 shares. Cousins Properties Inc shares valued at $168,696 were divested by the SVP, Chief Accounting Officer at a price of $28.13 per share. As a result of the transaction, Symes Jeffrey D now holds 12,529 shares, worth roughly $0.38 million.
BMO Capital Markets downgraded its Cousins Properties Inc [CUZ] rating to a Market perform from a an Outperform in a research note published on December 03, 2024; the price target was increased to $32 from $31. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in mid August from “an Outperform” to “an In-line”. JP Morgan also remained covering CUZ and has increased its forecast on December 18, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Truist revised its rating on September 15, 2023. It rated CUZ as “a Buy” which previously was an “a Hold”.
Price Performance Review of CUZ
On Friday, Cousins Properties Inc [NYSE:CUZ] saw its stock jump 0.26% to $30.67. Over the last five days, the stock has lost -3.37%. Cousins Properties Inc shares have risen nearly 25.95% since the year began. Nevertheless, the stocks have risen 40.17% over the past one year. While a 52-week high of $32.55 was reached on 11/27/24, a 52-week low of $21.58 was recorded on 04/16/24. SMA at 50 days reached $30.71, while 200 days put it at $26.16.
Levels Of Support And Resistance For CUZ Stock
The 24-hour chart illustrates a support level at 30.55, which if violated will result in even more drops to 30.42. On the upside, there is a resistance level at 30.81. A further resistance level may holdings at 30.94. The Relative Strength Index (RSI) on the 14-day chart is 44.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.52%. Stochastics %K at 12.40% indicates the stock is a buying.
How much short interest is there in Cousins Properties Inc?
A steep rise in short interest was recorded in Cousins Properties Inc stocks on 2024-11-15, dropping by -0.94 million shares to a total of 2.57 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 3.51 million shares. There was a decline of -36.51%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 12, 2023 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Underweight”‘ rating along with a $19 price target.
