Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Stewart Information Services Corp shares valued at $1,628,340 were sold by Lessack Steven Mark on Dec 13 ’24. At $73.60 per share, Lessack Steven Mark sold 22,125 shares. The insider’s holdings dropped to 10,387 shares worth approximately $0.65 million following the completion of this transaction.
Also, Lessack Steven Mark purchased 22,125 shares, netting a total of over 1,627,540 in proceeds.
Before that, Morris Matthew had sold 12,899 shares from its account. In a trade valued at $956,079, the Director traded Stewart Information Services Corp shares for $74.12 each. Upon closing the transaction, the insider’s holdings decreased to 12,899 shares, worth approximately $4.08 million.
As published in a research note from BTIG Research on December 04, 2023, Stewart Information Services Corp [STC] has been rated up from a Neutral to a Buy and the price target has been revised to $70. As of June 27, 2023, Keefe Bruyette has decreased its “an Outperform” rating to a “Mkt perform” for STC. Earlier on February 02, 2022, BTIG Research initiated its rating. Their recommendation was “a Buy” for STC stock.
Analyzing STC Stock Performance
During the last five days, there has been a drop of approximately -7.56%. Over the course of the year, Stewart Information Services Corp shares have dropped approximately -7.56%. Shares of the company reached a 52-week high of $68.50 on 01/02/25 and a 52-week low of $61.29 on 01/08/25. A 50-day SMA is recorded $71.48, while a 200-day SMA reached $68.06. Nevertheless, trading volume fell to 0.29 million shares from 0.24 million shares the previous day.
Support And Resistance Levels for Stewart Information Services Corp (STC)
According to the 24-hour chart, there is a support level at 61.25, which, if violated, would cause prices to drop to 60.11. In the upper region, resistance lies at 63.57. The next price resistance is at 64.75. RSI (Relative Strength Index) is 24.03 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.52, which suggests the price will decrease in the coming days. Percent R is at 91.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
