In a filing, Marsh & McLennan Cos., Inc revealed its Director FANJUL OSCAR unloaded Company’s shares for reported $0.55 million on Oct 30 ’24. In the deal valued at $221.55 per share,2,500 shares were sold. As a result of this transaction, FANJUL OSCAR now holds 48,549 shares worth roughly $10.26 million.
Then, FANJUL OSCAR sold 2,500 shares, generating $551,350 in total proceeds. Upon selling the shares at $220.54, the Director now owns 46,049 shares.
Before that, Beswick Paul sold 2,169 shares. Marsh & McLennan Cos., Inc shares valued at $503,208 were divested by the SVP, Chief Information Officer at a price of $232.00 per share. As a result of the transaction, Beswick Paul now holds 10,692 shares, worth roughly $2.26 million.
RBC Capital Mkts upgraded its Marsh & McLennan Cos., Inc [MMC] rating to an Outperform from a a Sector perform in a research note published recently. Barclays began covering MMC with “an Equal weight” recommendation on September 05, 2024. Piper Sandler revised its rating on April 17, 2024. It rated MMC as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of MMC
On Friday, Marsh & McLennan Cos., Inc [NYSE:MMC] saw its stock fall -0.03% to $211.27. Over the last five days, the stock has lost -1.37%. Marsh & McLennan Cos., Inc shares have fallen nearly -0.54% since the year began. Nevertheless, the stocks have risen 10.43% over the past one year. While a 52-week high of $235.50 was reached on 01/02/25, a 52-week low of $188.31 was recorded on 01/03/25. SMA at 50 days reached $220.70, while 200 days put it at $216.02.
Levels Of Support And Resistance For MMC Stock
The 24-hour chart illustrates a support level at 210.04, which if violated will result in even more drops to 208.80. On the upside, there is a resistance level at 213.13. A further resistance level may holdings at 214.98. The Relative Strength Index (RSI) on the 14-day chart is 34.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.27%. Stochastics %K at 28.17% indicates the stock is a holding.
How much short interest is there in Marsh & McLennan Cos., Inc?
A steep rise in short interest was recorded in Marsh & McLennan Cos., Inc stocks on 2024-12-13, dropping by -0.17 million shares to a total of 3.75 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.92 million shares. There was a decline of -4.51%, which implies that there is a negative sentiment for the stock.
