Moody’s Corp’s recent filing unveils that its President and CEO Fauber Robert unloaded Company’s shares for reported $0.13 million on Jan 02 ’25. In the deal valued at $474.86 per share,281 shares were sold. As a result of this transaction, Fauber Robert now holds 61,894 shares worth roughly $29.28 million.
Then, Fauber Robert bought 281 shares, generating $133,436 in total proceeds.
Before that, Fauber Robert sold 281 shares. Moody’s Corp shares valued at $137,757 were divested by the President and CEO at a price of $490.24 per share. As a result of the transaction, Fauber Robert now holds 61,354 shares, worth roughly $29.03 million.
Citigroup initiated its Moody’s Corp [MCO] rating to a Buy in a research note published on December 20, 2024; the price target was $565. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in early October with a ‘”an Outperform”‘ rating. Raymond James also remained covering MCO and has decreased its forecast on September 23, 2024 with a “an Underperform” recommendation from previously “Mkt perform” rating. Wells Fargo started covering the stock on August 13, 2024. It rated MCO as “an Overweight”.
Price Performance Review of MCO
On Monday, Moody’s Corp [NYSE:MCO] saw its stock fall -1.25% to $473.14. Over the last five days, the stock has lost -0.76%. Moody’s Corp shares have fallen nearly -0.05% since the year began. Nevertheless, the stocks have risen 26.34% over the past one year. While a 52-week high of $503.95 was reached on 01/02/25, a 52-week low of $360.05 was recorded on 01/02/25. SMA at 50 days reached $477.99, while 200 days put it at $445.20.
Levels Of Support And Resistance For MCO Stock
The 24-hour chart illustrates a support level at 470.67, which if violated will result in even more drops to 468.20. On the upside, there is a resistance level at 477.72. A further resistance level may holdings at 482.30. The Relative Strength Index (RSI) on the 14-day chart is 44.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 55.64%. Stochastics %K at 45.64% indicates the stock is a holding.
How much short interest is there in Moody’s Corp?
A steep rise in short interest was recorded in Moody’s Corp stocks on 2024-12-13, growing by 37631.0 shares to a total of 1.48 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.45 million shares. There was a rise of 2.54%, which implies that there is a positive sentiment for the stock.
