Carrier Global Corp’s recent filing unveils that its VP, Controller & CAO Crockett Kyle unloaded Company’s shares for reported $0.89 million on Nov 07 ’24. In the deal valued at $76.34 per share,11,647 shares were sold. As a result of this transaction, Crockett Kyle now holds 2,042 shares worth roughly $0.14 million.
Then, O’Connor Kevin J. sold 167,183 shares, generating $12,281,698 in total proceeds. Upon selling the shares at $73.46, the Senior VP & CLO now owns 46,083 shares.
Before that, Kyle Crockett bought 11,647 shares. Carrier Global Corp shares valued at $889,000 were divested by the Officer at a price of $76.33 per share.
A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. UBS also remained covering CARR and has increased its forecast on November 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. Stephens revised its rating on October 16, 2024. It rated CARR as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of CARR
On Tuesday, Carrier Global Corp [NYSE:CARR] saw its stock fall -0.73% to $68.21. Over the last five days, the stock has lost -0.03%. Carrier Global Corp shares have fallen nearly -0.07% since the year began. Nevertheless, the stocks have risen 22.42% over the past one year. While a 52-week high of $83.32 was reached on 01/06/25, a 52-week low of $53.13 was recorded on 01/02/25. SMA at 50 days reached $73.06, while 200 days put it at $68.58.
Levels Of Support And Resistance For CARR Stock
The 24-hour chart illustrates a support level at 67.69, which if violated will result in even more drops to 67.17. On the upside, there is a resistance level at 69.06. A further resistance level may holdings at 69.91. The Relative Strength Index (RSI) on the 14-day chart is 36.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.24%. Stochastics %K at 31.12% indicates the stock is a holding.
How much short interest is there in Carrier Global Corp?
A steep rise in short interest was recorded in Carrier Global Corp stocks on 2024-12-13, dropping by 26169.0 shares to a total of 10.73 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.76 million shares. There was a decline of -0.24%, which implies that there is a negative sentiment for the stock.
