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Checking in on Service Corp. International (SCI) after recent insiders movement

Service Corp. International’s filing revealed that its Director WALTRIP W BLAIR unloaded Company’s shares for reported $0.29 million on Dec 12 ’24. In the deal valued at $86.20 per share,3,334 shares were sold. As a result of this transaction, WALTRIP W BLAIR now holds 43,333 shares worth roughly $3.49 million.

Then, WALTRIP W BLAIR bought 3,334 shares, generating $285,890 in total proceeds.

Before that, Moore Tammy R sold 14,800 shares. Service Corp. International shares valued at $1,311,028 were divested by the VP, Chief Accounting Officer at a price of $88.58 per share. As a result of the transaction, Moore Tammy R now holds 25,815 shares, worth roughly $2.08 million.

UBS initiated its Service Corp. International [SCI] rating to a Buy in a research note published on November 30, 2023; the price target was $72. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Raymond James also remained covering SCI and has decreased its forecast on February 20, 2019 with a “an Outperform” recommendation from previously “Strong buy” rating.

Price Performance Review of SCI

On Monday, Service Corp. International [NYSE:SCI] saw its stock fall -1.30% to $80.55. Over the last five days, the stock has lost -5.86%. Service Corp. International shares have risen nearly 17.68% since the year began. Nevertheless, the stocks have risen 18.23% over the past one year. While a 52-week high of $89.37 was reached on 11/29/24, a 52-week low of $64.10 was recorded on 02/06/24. SMA at 50 days reached $83.04, while 200 days put it at $76.00.

Levels Of Support And Resistance For SCI Stock

The 24-hour chart illustrates a support level at 80.16, which if violated will result in even more drops to 79.76. On the upside, there is a resistance level at 81.13. A further resistance level may holdings at 81.70. The Relative Strength Index (RSI) on the 14-day chart is 28.92, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.28%. Stochastics %K at 3.81% indicates the stock is a buying.

How much short interest is there in Service Corp. International?

A steep rise in short interest was recorded in Service Corp. International stocks on 2024-11-29, dropping by -1.03 million shares to a total of 7.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 8.47 million shares. There was a decline of -13.82%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 02, 2016 when Wells Fargo began covering the stock and recommended ‘”a Market perform”‘ rating .

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