Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Chemed Corp shares valued at $75,328 were purchased by Judkins Brian C on Dec 30 ’24. At $519.50 per share, Judkins Brian C acquired 145 shares. The insider’s holdings grew to 1,678 shares worth approximately $0.89 million following the completion of this transaction.
Also, LEE SPENCER S sold 732 shares, netting a total of over 421,356 in proceeds. Following the sale of shares at $575.62 each, the insider now holds 18,287 shares.
Before that, MCNAMARA KEVIN J had sold 2,000 shares from its account. In a trade valued at $1,145,540, the president and CEO traded Chemed Corp shares for $572.77 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $54.13 million.
As published in a research note from RBC Capital Mkts on March 11, 2020, Chemed Corp [CHE] has been rated up from a Sector perform to an Outperform and the price target has been revised to $535 from $448. Analysts at JMP Securities upgraded the stock from ‘”a Mkt perform”‘ to ‘”a Mkt outperform”‘ outlook in a report released in early November. As of September 06, 2019, BofA/Merrill has reiterated its “Buy” rating for CHE. Earlier on October 12, 2018, BofA/Merrill initiated its rating. Their recommendation was “a Buy” for CHE stock.
Analyzing CHE Stock Performance
During the last five days, there has been a surge of approximately 0.42%. Over the course of the year, Chemed Corp shares have jumped approximately 0.42%. Shares of the company reached a 52-week high of $538.30 on 01/06/25 and a 52-week low of $523.76 on 01/08/25. A 50-day SMA is recorded $548.25, while a 200-day SMA reached $568.33. Nevertheless, trading volume fell to 93761.0 shares from 66100.0 shares the previous day.
Support And Resistance Levels for Chemed Corp (CHE)
According to the 24-hour chart, there is a support level at 525.49, which, if violated, would cause prices to drop to 518.95. In the upper region, resistance lies at 536.82. The next price resistance is at 541.62. RSI (Relative Strength Index) is 45.47 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.82, which suggests the price will increase in the coming days. Percent R is at 23.99%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
