The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Casey’s General Stores, Inc shares valued at $198,380 were purchased by Spanos Mike on Dec 23 ’24. At $396.76 per share, Spanos Mike acquired 500 shares. The insider’s holdings grew to 3,097 shares worth approximately $1.21 million following the completion of this transaction.
Also, Lindsey Katrina S sold 450 shares, netting a total of over 192,208 in proceeds. Following the sale of shares at $427.13 each, the insider now holds 2,247 shares.
Before that, Katrina S. Lindsey had added 450 shares to its account. In a trade valued at $192,514, the Officer bought Casey’s General Stores, Inc shares for $427.81 each.
Analysts at Gordon Haskett started covering the stock with ‘”a Hold”‘ outlook in a report released in early November. As of September 19, 2024, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for CASY. Earlier on July 11, 2024, Northcoast upgraded its rating. Their new recommendation was “a Buy” for CASY stock which previously was a “a Neutral”.
Analyzing CASY Stock Performance
During the last five days, there has been a drop of approximately -1.36%. Over the course of the year, Casey’s General Stores, Inc shares have dropped approximately -1.36%. Shares of the company reached a 52-week high of $402.59 on 01/06/25 and a 52-week low of $386.14 on 01/08/25. A 50-day SMA is recorded $409.28, while a 200-day SMA reached $369.94. Nevertheless, trading volume fell to 0.16 million shares from 0.22 million shares the previous day.
Support And Resistance Levels for Casey’s General Stores, Inc (CASY)
According to the 24-hour chart, there is a support level at 387.58, which, if violated, would cause prices to drop to 384.33. In the upper region, resistance lies at 392.65. The next price resistance is at 394.46. RSI (Relative Strength Index) is 35.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.38, which suggests the price will decrease in the coming days. Percent R is at 86.69%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
