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Truist initates Carlisle Companies Inc (CSL) rating to a Hold

In a filing, Carlisle Companies Inc revealed its VP, Sustainability SMITH DAVID W unloaded Company’s shares for reported $0.12 million on Nov 21 ’24. In the deal valued at $443.41 per share,275 shares were sold. As a result of this transaction, SMITH DAVID W now holds 2,834 shares worth roughly $1.15 million.

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Then, David Smith bought 275 shares, generating $121,000 in total proceeds.

Before that, SMITH DAVID W sold 600 shares. Carlisle Companies Inc shares valued at $255,336 were divested by the VP, Sustainability at a price of $425.56 per share. As a result of the transaction, SMITH DAVID W now holds 2,834 shares, worth roughly $1.15 million.

Truist initiated its Carlisle Companies Inc [CSL] rating to a Hold in a research note published on November 14, 2024; the price target was $460. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Jefferies also remained covering CSL and has decreased its forecast on September 26, 2023 with a “Hold” recommendation from previously “Buy” rating. Credit Suisse revised its rating on October 14, 2022. It rated CSL as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of CSL

On Tuesday, Carlisle Companies Inc [NYSE:CSL] saw its stock fall -2.79% to $404.63. Over the last five days, the stock has lost -4.84%. Carlisle Companies Inc shares have risen nearly 29.51% since the year began. Nevertheless, the stocks have risen 28.70% over the past one year. While a 52-week high of $481.26 was reached on 10/14/24, a 52-week low of $297.25 was recorded on 01/16/24. SMA at 50 days reached $445.15, while 200 days put it at $415.39.

Levels Of Support And Resistance For CSL Stock

The 24-hour chart illustrates a support level at 399.45, which if violated will result in even more drops to 394.26. On the upside, there is a resistance level at 412.56. A further resistance level may holdings at 420.48. The Relative Strength Index (RSI) on the 14-day chart is 29.27, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -20.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.08%. Stochastics %K at 3.77% indicates the stock is a buying.

How much short interest is there in Carlisle Companies Inc?

A steep rise in short interest was recorded in Carlisle Companies Inc stocks on 2024-11-29, growing by 36859.0 shares to a total of 0.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.9 million shares. There was a rise of 3.94%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on April 05, 2022 when Credit Suisse began covering the stock and recommended ‘”a Neutral”‘ rating along with a $275 price target.

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