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Citigroup downgrades CME Group Inc (CME) stock to a Neutral

CME Group Inc’s recent filing unveils that its Director SHEPARD WILLIAM R acquired Company’s shares for reported $61568.0 on Dec 27 ’24. In the deal valued at $232.89 per share,264 shares were bought. As a result of this transaction, SHEPARD WILLIAM R now holds 255,436 shares worth roughly $57.68 million.

Then, SHEPARD WILLIAM R bought 12 shares, generating $2,714 in total proceeds. Upon buying the shares at $232.89, the Director now owns 2,372 shares.

Before that, Cook Elizabeth A sold 750 shares. CME Group Inc shares valued at $169,751 were divested by the Director at a price of $226.33 per share. As a result of the transaction, Cook Elizabeth A now holds 18,239 shares, worth roughly $4.12 million.

Citigroup downgraded its CME Group Inc [CME] rating to a Neutral from a a Buy in a research note published on January 06, 2025; the price target was decreased to $250 from $255. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. RBC Capital Mkts began covering CME with “Sector perform” recommendation on September 27, 2024. TD Cowen started covering the stock on September 26, 2024. It rated CME as “a Hold”.

Price Performance Review of CME

On Monday, CME Group Inc [NASDAQ:CME] saw its stock fall -2.87% to $225.82. Over the last five days, the stock has lost -3.29%. CME Group Inc shares have fallen nearly -2.76% since the year began. Nevertheless, the stocks have risen 14.15% over the past one year. While a 52-week high of $242.98 was reached on 01/02/25, a 52-week low of $186.08 was recorded on 01/06/25. SMA at 50 days reached $231.82, while 200 days put it at $214.79.

Levels Of Support And Resistance For CME Stock

The 24-hour chart illustrates a support level at 223.83, which if violated will result in even more drops to 221.84. On the upside, there is a resistance level at 229.41. A further resistance level may holdings at 233.00. The Relative Strength Index (RSI) on the 14-day chart is 40.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.38%. Stochastics %K at 13.29% indicates the stock is a buying.

How much short interest is there in CME Group Inc?

A steep rise in short interest was recorded in CME Group Inc stocks on 2024-12-13, growing by 0.91 million shares to a total of 4.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.81 million shares. There was a rise of 19.33%, which implies that there is a positive sentiment for the stock.

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