KD Logo

Monitoring Construction Partners Inc (ROAD) after recent insider movements

Construction Partners Inc’s recent filing unveils that its Senior Vice President Harper John L unloaded Company’s shares for reported $0.57 million on Dec 13 ’24. In the deal valued at $94.41 per share,6,000 shares were sold. As a result of this transaction, Harper John L now holds 154,856 shares worth roughly $14.85 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, Harper John L bought 6,000 shares, generating $566,200 in total proceeds.

Before that, SunTx Capital II Management Co sold 12,731 shares. Construction Partners Inc shares valued at $1,270,299 were divested by the Director at a price of $99.78 per share. As a result of the transaction, SunTx Capital II Management Co now holds 17,000 shares, worth roughly $1.63 million.

Sidoti downgraded its Construction Partners Inc [ROAD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Sidoti started covering the stock on June 01, 2022. It rated ROAD as “a Buy”.

Price Performance Review of ROAD

On Tuesday, Construction Partners Inc [NASDAQ:ROAD] saw its stock jump 0.62% to $95.90. Over the last five days, the stock has lost -0.88%. Construction Partners Inc shares have risen nearly 120.36% since the year began. Nevertheless, the stocks have risen 121.38% over the past one year. While a 52-week high of $103.69 was reached on 12/02/24, a 52-week low of $39.79 was recorded on 01/09/24. SMA at 50 days reached $88.24, while 200 days put it at $65.67.

Levels Of Support And Resistance For ROAD Stock

The 24-hour chart illustrates a support level at 93.48, which if violated will result in even more drops to 91.07. On the upside, there is a resistance level at 97.50. A further resistance level may holdings at 99.11. The Relative Strength Index (RSI) on the 14-day chart is 53.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.69%. Stochastics %K at 18.48% indicates the stock is a buying.

How much short interest is there in Construction Partners Inc?

A steep rise in short interest was recorded in Construction Partners Inc stocks on 2024-10-31, growing by 6875.0 shares to a total of 1.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 1.88 million shares. There was a rise of 0.36%, which implies that there is a positive sentiment for the stock.

Most Popular