Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Curtiss-Wright Corp shares valued at $9,124 were purchased by McDonald George P. on Jan 06 ’25. At $304.12 per share, McDonald George P. acquired 30 shares. The insider’s holdings grew to 1,672 shares worth approximately $0.59 million following the completion of this transaction.
Also, Watts John C purchased 19 shares, netting a total of over 5,778 in proceeds. Following the buying of shares at $304.12 each, the insider now holds 4,202 shares.
Before that, Rayment Kevin had added 52 shares to its account. In a trade valued at $15,814, the Vice President and COO bought Curtiss-Wright Corp shares for $304.12 each. Upon closing the transaction, the insider’s holdings increased to 52 shares, worth approximately $7.03 million.
As published in their initiating research note from Deutsche Bank on December 05, 2024, Curtiss-Wright Corp [CW] has been a Buy and the price target has been revised to $452. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid November. As of October 29, 2024, Alembic Global Advisors has initiated its “an Overweight” rating for CW. Earlier on March 25, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for CW stock which previously was a “a Buy”.
Analyzing CW Stock Performance
During the last five days, there has been a drop of approximately -0.83%. Over the course of the year, Curtiss-Wright Corp shares have dropped approximately -0.83%. Shares of the company reached a 52-week high of $360.15 on 01/02/25 and a 52-week low of $346.03 on 01/08/25. A 50-day SMA is recorded $364.13, while a 200-day SMA reached $307.95. Nevertheless, trading volume fell to 0.2 million shares from 0.18 million shares the previous day.
Support And Resistance Levels for Curtiss-Wright Corp (CW)
According to the 24-hour chart, there is a support level at 347.99, which, if violated, would cause prices to drop to 344.07. In the upper region, resistance lies at 353.88. The next price resistance is at 355.85. RSI (Relative Strength Index) is 44.23 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.32, which suggests the price will decrease in the coming days. Percent R is at 63.84%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
