Curtiss-Wright Corp’s filing revealed that its Chair and CEO Bamford Lynn M unloaded Company’s shares for reported $2.63 million on Dec 11 ’24. In the deal valued at $368.80 per share,7,129 shares were sold. As a result of this transaction, Bamford Lynn M now holds 28,688 shares worth roughly $10.16 million.
Then, Bamford Lynn M bought 7,129 shares, generating $2,645,286 in total proceeds.
Before that, Watts John C sold 412 shares. Curtiss-Wright Corp shares valued at $148,135 were divested by the Vice President Strat & Bus Dev at a price of $359.55 per share. As a result of the transaction, Watts John C now holds 4,183 shares, worth roughly $1.48 million.
Deutsche Bank initiated its Curtiss-Wright Corp [CW] rating to a Buy in a research note published on December 05, 2024; the price target was $452. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. Alembic Global Advisors began covering CW with “an Overweight” recommendation on October 29, 2024. Truist revised its rating on March 25, 2024. It rated CW as “a Hold” which previously was an “a Buy”.
Price Performance Review of CW
On Friday, Curtiss-Wright Corp [NYSE:CW] saw its stock jump 0.79% to $354.22. Over the last five days, the stock has lost -3.46%. Curtiss-Wright Corp shares have risen nearly 58.99% since the year began. Nevertheless, the stocks have risen 62.92% over the past one year. While a 52-week high of $393.40 was reached on 11/11/24, a 52-week low of $212.05 was recorded on 01/09/24. SMA at 50 days reached $363.77, while 200 days put it at $301.80.
Levels Of Support And Resistance For CW Stock
The 24-hour chart illustrates a support level at 347.66, which if violated will result in even more drops to 341.10. On the upside, there is a resistance level at 359.76. A further resistance level may holdings at 365.30. The Relative Strength Index (RSI) on the 14-day chart is 44.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -17.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.70%. Stochastics %K at 14.56% indicates the stock is a buying.
How much short interest is there in Curtiss-Wright Corp?
A steep rise in short interest was recorded in Curtiss-Wright Corp stocks on 2024-11-29, growing by 0.1 million shares to a total of 0.4 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.3 million shares. There was a rise of 26.07%, which implies that there is a positive sentiment for the stock.
