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Recent Insider Activity Could Benefit Johnson Controls International plc (JCI)

In a filing, Johnson Controls International plc revealed its EVP and CFO Vandiepenbeeck Marc unloaded Company’s shares for reported $14620.0 on Dec 20 ’24. In the deal valued at $78.60 per share,186 shares were sold. As a result of this transaction, Vandiepenbeeck Marc now holds 91,372 shares worth roughly $7.3 million.

Then, Oliver George sold 124,497 shares, generating $10,363,892 in total proceeds. Upon selling the shares at $83.25, the Chairman & CEO now owns 1,267,716 shares.

Before that, SULLIVAN MARLON sold 7,230 shares. Johnson Controls International plc shares valued at $602,605 were divested by the EVP and CHRO at a price of $83.35 per share. As a result of the transaction, SULLIVAN MARLON now holds 32,246 shares, worth roughly $2.58 million.

Argus upgraded its Johnson Controls International plc [JCI] rating to a Buy from a a Hold in a research note published recently. BofA Securities also remained covering JCI and has increased its forecast on September 10, 2024 with a “Buy” recommendation from previously “Neutral” rating. Morgan Stanley started covering the stock on September 06, 2024. It rated JCI as “an Overweight”.

Price Performance Review of JCI

On Friday, Johnson Controls International plc [NYSE:JCI] saw its stock jump 1.23% to $79.92. Over the last five days, the stock has lost -1.15%. Johnson Controls International plc shares have risen nearly 1.25% since the year began. Nevertheless, the stocks have risen 42.61% over the past one year. While a 52-week high of $87.16 was reached on 01/03/25, a 52-week low of $51.71 was recorded on 01/02/25. SMA at 50 days reached $81.31, while 200 days put it at $72.38.

Levels Of Support And Resistance For JCI Stock

The 24-hour chart illustrates a support level at 79.24, which if violated will result in even more drops to 78.57. On the upside, there is a resistance level at 80.54. A further resistance level may holdings at 81.17. The Relative Strength Index (RSI) on the 14-day chart is 45.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.48%. Stochastics %K at 17.47% indicates the stock is a buying.

How much short interest is there in Johnson Controls International plc?

A steep rise in short interest was recorded in Johnson Controls International plc stocks on 2024-12-13, dropping by -0.9 million shares to a total of 9.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.96 million shares. There was a decline of -9.95%, which implies that there is a negative sentiment for the stock.

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