In a filing, Carlyle Group Inc revealed its 10% Owner Carlyle Group Inc. unloaded Company’s shares for reported $57030.0 on Dec 02 ’24. In the deal valued at $2.01 per share,28,438 shares were sold. As a result of this transaction, Carlyle Group Inc. now holds 1,992,427 shares worth roughly $102.71 million.
Then, Carlyle Group Inc. sold 73,986 shares, generating $149,111 in total proceeds. Upon selling the shares at $2.02, the 10% Owner now owns 2,077,374 shares.
Before that, Carlyle Group Inc. sold 56,509 shares. Carlyle Group Inc shares valued at $114,843 were divested by the 10% Owner at a price of $2.03 per share. As a result of the transaction, Carlyle Group Inc. now holds 2,020,865 shares, worth roughly $104.18 million.
Wolfe Research upgraded its Carlyle Group Inc [CG] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Equal weight”‘ rating. Redburn Atlantic began covering CG with “Buy” recommendation on August 27, 2024. JP Morgan revised its rating on August 06, 2024. It rated CG as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CG
On Tuesday, Carlyle Group Inc [NASDAQ:CG] saw its stock fall -2.18% to $51.55. Over the last five days, the stock has gained 2.04%. Carlyle Group Inc shares have risen nearly 2.10% since the year began. Nevertheless, the stocks have risen 31.07% over the past one year. While a 52-week high of $55.11 was reached on 01/06/25, a 52-week low of $36.65 was recorded on 01/02/25. SMA at 50 days reached $51.73, while 200 days put it at $45.45.
Levels Of Support And Resistance For CG Stock
The 24-hour chart illustrates a support level at 50.46, which if violated will result in even more drops to 49.38. On the upside, there is a resistance level at 52.98. A further resistance level may holdings at 54.42. The Relative Strength Index (RSI) on the 14-day chart is 50.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.04%. Stochastics %K at 67.35% indicates the stock is a holding.
How much short interest is there in Carlyle Group Inc?
A steep rise in short interest was recorded in Carlyle Group Inc stocks on 2024-12-13, dropping by -0.86 million shares to a total of 9.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 10.62 million shares. There was a decline of -8.81%, which implies that there is a negative sentiment for the stock.
