Resideo Technologies Inc’s filing revealed that its President, ADI Aarnes Robert B unloaded Company’s shares for reported $2.59 million on Nov 20 ’24. In the deal valued at $26.16 per share,98,829 shares were sold. As a result of this transaction, Aarnes Robert B now holds 458,928 shares worth roughly $12.04 million.
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Then, Aarnes Robert B bought 98,829 shares, generating $2,569,554 in total proceeds.
Before that, Lane Jeannine J sold 15,990 shares. Resideo Technologies Inc shares valued at $409,085 were divested by the EVP, GC and Corp Sec at a price of $25.58 per share. As a result of the transaction, Lane Jeannine J now holds 128,677 shares, worth roughly $3.38 million.
Imperial Capital also remained covering REZI and has decreased its forecast on November 02, 2022 with a “an In-line” recommendation from previously “an Outperform” rating. Morgan Stanley started covering the stock on March 17, 2021. It rated REZI as “an Equal-weight”.
Price Performance Review of REZI
On Monday, Resideo Technologies Inc [NYSE:REZI] saw its stock jump 0.15% to $26.23. Over the last five days, the stock has lost -2.82%. Resideo Technologies Inc shares have risen nearly 39.37% since the year began. Nevertheless, the stocks have risen 40.49% over the past one year. While a 52-week high of $28.28 was reached on 11/25/24, a 52-week low of $16.36 was recorded on 01/17/24. SMA at 50 days reached $23.62, while 200 days put it at $21.30.
Levels Of Support And Resistance For REZI Stock
The 24-hour chart illustrates a support level at 25.95, which if violated will result in even more drops to 25.66. On the upside, there is a resistance level at 26.57. A further resistance level may holdings at 26.91. The Relative Strength Index (RSI) on the 14-day chart is 56.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.94%. Stochastics %K at 13.62% indicates the stock is a buying.
How much short interest is there in Resideo Technologies Inc?
A steep rise in short interest was recorded in Resideo Technologies Inc stocks on 2024-11-29, growing by 0.41 million shares to a total of 2.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.13 million shares. There was a rise of 16.11%, which implies that there is a positive sentiment for the stock.
