Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. CME Group Inc shares valued at $61,568 were purchased by SHEPARD WILLIAM R on Dec 27 ’24. At $232.89 per share, SHEPARD WILLIAM R acquired 264 shares. The insider’s holdings grew to 255,436 shares worth approximately $59.45 million following the completion of this transaction.
Also, SHEPARD WILLIAM R purchased 12 shares, netting a total of over 2,714 in proceeds. Following the buying of shares at $232.89 each, the insider now holds 2,372 shares.
Before that, Cook Elizabeth A had sold 750 shares from its account. In a trade valued at $169,751, the Director traded CME Group Inc shares for $226.33 each. Upon closing the transaction, the insider’s holdings decreased to 750 shares, worth approximately $4.24 million.
As published in a research note from Redburn Atlantic on October 08, 2024, CME Group Inc [CME] has been rated down from a Buy to a Neutral and the price target has been revised to $244. Analysts at RBC Capital Mkts started covering the stock with ‘”a Sector perform”‘ outlook in a report released in late September. As of September 26, 2024, TD Cowen has initiated its “Hold” rating for CME. Earlier on September 03, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CME stock which previously was a “a Neutral”.
Analyzing CME Stock Performance
During the last five days, there has been a drop of approximately -0.40%. Over the course of the year, CME Group Inc shares have jumped approximately 0.21%. Shares of the company reached a 52-week high of $234.14 on 01/02/25 and a 52-week low of $231.81 on 01/02/25. A 50-day SMA is recorded $231.72, while a 200-day SMA reached $214.65. Nevertheless, trading volume fell to 2.13 million shares from 1.22 million shares the previous day.
Support And Resistance Levels for CME Group Inc (CME)
According to the 24-hour chart, there is a support level at 231.64, which, if violated, would cause prices to drop to 230.56. In the upper region, resistance lies at 233.97. The next price resistance is at 235.22. RSI (Relative Strength Index) is 55.86 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.85, which suggests the price will decrease in the coming days. Percent R is at 83.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
