In a filing, Campbells Co revealed its Executive Vice President Sanzio Anthony unloaded Company’s shares for reported $83805.0 on Jan 03 ’25. In the deal valued at $41.90 per share,2,000 shares were sold. As a result of this transaction, Sanzio Anthony now holds 16,551 shares worth roughly $0.66 million.
Then, Anthony Sanzio bought 2,000 shares, generating $83,800 in total proceeds.
Before that, Brawley Charles A. III bought 6,900 shares. Campbells Co shares valued at $295,113 were divested by the Officer at a price of $42.77 per share.
Piper Sandler upgraded its Campbells Co [CPB] rating to an Overweight from a a Neutral in a research note published on November 14, 2024; the price target was increased to $56 from $47. A number of analysts have revised their coverage, including Bernstein’s analysts, who increased its forecast for the stock in early October from “a Mkt perform” to “an Outperform”. DA Davidson also remained covering CPB and has decreased its forecast on September 27, 2024 with a “Neutral” recommendation from previously “Buy” rating. Argus revised its rating on September 20, 2024. It rated CPB as “a Buy” which previously was an “a Hold”.
Price Performance Review of CPB
On Tuesday, Campbells Co [NASDAQ:CPB] saw its stock fall -1.36% to $39.95. Over the last five days, the stock has lost -3.55%. Campbells Co shares have fallen nearly -4.61% since the year began. Nevertheless, the stocks have fallen -8.39% over the past one year. While a 52-week high of $52.81 was reached on 01/02/25, a 52-week low of $40.26 was recorded on 01/07/25. SMA at 50 days reached $43.95, while 200 days put it at $45.99.
Levels Of Support And Resistance For CPB Stock
The 24-hour chart illustrates a support level at 39.60, which if violated will result in even more drops to 39.24. On the upside, there is a resistance level at 40.52. A further resistance level may holdings at 41.09. The Relative Strength Index (RSI) on the 14-day chart is 27.60, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.08%. Stochastics %K at 10.91% indicates the stock is a buying.
How much short interest is there in Campbells Co?
A steep rise in short interest was recorded in Campbells Co stocks on 2024-11-15, growing by 1.45 million shares to a total of 15.08 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 13.63 million shares. There was a rise of 9.61%, which implies that there is a positive sentiment for the stock.
