SiteOne Landscape Supply Inc’s recent filing unveils that its EVP, Human Resources Ketter Joseph unloaded Company’s shares for reported $0.92 million on Nov 21 ’24. In the deal valued at $142.20 per share,6,500 shares were sold. As a result of this transaction, Ketter Joseph now holds 12,942 shares worth roughly $1.74 million.
Then, Ketter Joseph bought 6,500 shares, generating $924,321 in total proceeds.
Before that, Diaz Fred M sold 878 shares. SiteOne Landscape Supply Inc shares valued at $113,297 were divested by the Director at a price of $129.04 per share. As a result of the transaction, Diaz Fred M now holds 11,267 shares, worth roughly $1.52 million.
Jefferies upgraded its SiteOne Landscape Supply Inc [SITE] rating to a Buy from a a Hold in a research note published on December 06, 2024; the price target was increased to $175 from $145. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early October with a ‘”a Neutral”‘ rating. Stifel also remained covering SITE and has decreased its forecast on August 01, 2024 with a “Hold” recommendation from previously “Buy” rating. Stifel revised its rating on May 02, 2024. It rated SITE as “a Buy” which previously was an “a Hold”.
Price Performance Review of SITE
On Tuesday, SiteOne Landscape Supply Inc [NYSE:SITE] saw its stock jump 0.20% to $134.52. Over the last five days, the stock has lost -4.05%. SiteOne Landscape Supply Inc shares have fallen nearly -17.22% since the year began. Nevertheless, the stocks have fallen -18.01% over the past one year. While a 52-week high of $188.01 was reached on 03/21/24, a 52-week low of $114.60 was recorded on 07/09/24. SMA at 50 days reached $144.85, while 200 days put it at $146.53.
Levels Of Support And Resistance For SITE Stock
The 24-hour chart illustrates a support level at 133.16, which if violated will result in even more drops to 131.80. On the upside, there is a resistance level at 135.43. A further resistance level may holdings at 136.34. The Relative Strength Index (RSI) on the 14-day chart is 37.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.96%. Stochastics %K at 11.16% indicates the stock is a buying.
How much short interest is there in SiteOne Landscape Supply Inc?
A steep rise in short interest was recorded in SiteOne Landscape Supply Inc stocks on 2024-11-29, dropping by -0.2 million shares to a total of 1.83 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 2.03 million shares. There was a decline of -11.03%, which implies that there is a negative sentiment for the stock.
