Stanley Black & Decker Inc’s recently made public that its SVP, General Counsel & Sec’y Link Janet unloaded Company’s shares for reported $1.4 million on Aug 01 ’24. In the deal valued at $103.91 per share,13,520 shares were sold. As a result of this transaction, Link Janet now holds 31,960 shares worth roughly $2.62 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, Link Janet bought 13,520 shares, generating $1,404,847 in total proceeds.
Before that, Link Janet sold 3,442 shares. Stanley Black & Decker Inc shares valued at $298,748 were divested by the SVP, General Counsel & Sec’y at a price of $86.80 per share. As a result of the transaction, Link Janet now holds 32,860 shares, worth roughly $2.69 million.
Mizuho upgraded its Stanley Black & Decker Inc [SWK] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early September with a ‘”an Equal-weight”‘ rating. Barclays also remained covering SWK and has decreased its forecast on June 04, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. JP Morgan revised its rating on December 14, 2023. It rated SWK as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of SWK
On Friday, Stanley Black & Decker Inc [NYSE:SWK] saw its stock jump 3.24% to $82.00. Over the last five days, the stock has lost -0.97%. Stanley Black & Decker Inc shares have fallen nearly -16.41% since the year began. Nevertheless, the stocks have fallen -14.72% over the past one year. While a 52-week high of $110.88 was reached on 09/27/24, a 52-week low of $77.70 was recorded on 07/01/24. SMA at 50 days reached $91.83, while 200 days put it at $92.65.
Levels Of Support And Resistance For SWK Stock
The 24-hour chart illustrates a support level at 80.17, which if violated will result in even more drops to 78.35. On the upside, there is a resistance level at 83.26. A further resistance level may holdings at 84.53. The Relative Strength Index (RSI) on the 14-day chart is 37.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.21%. Stochastics %K at 11.93% indicates the stock is a buying.
How much short interest is there in Stanley Black & Decker Inc?
A steep rise in short interest was recorded in Stanley Black & Decker Inc stocks on 2024-11-29, growing by 1.48 million shares to a total of 4.95 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.47 million shares. There was a rise of 29.91%, which implies that there is a positive sentiment for the stock.
