Catalent Inc’s filing revealed that its Director Ryan Michelle R unloaded Company’s shares for reported $0.17 million on Nov 11 ’24. In the deal valued at $59.70 per share,2,800 shares were sold. As a result of this transaction, Ryan Michelle R now holds 10,835 shares worth roughly $0.69 million.
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Then, Ryan Michelle R bought 2,800 shares, generating $167,160 in total proceeds.
Before that, Ferraro Joseph Anthony sold 320 shares. Catalent Inc shares valued at $19,190 were divested by the SVP, General Counsel, CCO at a price of $59.97 per share. As a result of the transaction, Ferraro Joseph Anthony now holds 23,967 shares, worth roughly $1.52 million.
Robert W. Baird upgraded its Catalent Inc [CTLT] rating to an Outperform from a a Neutral in a research note published on November 16, 2023; the price target was increased to $53 from $45. A number of analysts have revised their coverage, including Argus’s analysts, who increased its forecast for the stock in early September from “a Hold” to “a Buy”. Wells Fargo began covering CTLT with “an Equal weight” recommendation on July 20, 2023.
Price Performance Review of CTLT
On Tuesday, Catalent Inc [NYSE:CTLT] saw its stock unchanged to $63.48. Over the last five days, the stock has gained 1.99%. Catalent Inc shares have risen nearly 41.29% since the year began. Nevertheless, the stocks have risen 53.04% over the past one year. While a 52-week high of $63.49 was reached on 12/17/24, a 52-week low of $41.15 was recorded on 01/04/24. SMA at 50 days reached $60.41, while 200 days put it at $58.19.
Levels Of Support And Resistance For CTLT Stock
The 24-hour chart illustrates a support level at 63.44, which if violated will result in even more drops to 63.41. On the upside, there is a resistance level at 63.51. A further resistance level may holdings at 63.54. The Relative Strength Index (RSI) on the 14-day chart is 74.48, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.06, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.71%. Stochastics %K at 97.29% indicates the stock is a selling.
How much short interest is there in Catalent Inc?
A steep rise in short interest was recorded in Catalent Inc stocks on 2024-11-29, growing by 6.3 million shares to a total of 14.74 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 8.44 million shares. There was a rise of 42.73%, which implies that there is a positive sentiment for the stock.
