Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CBL& Associates Properties, Inc shares valued at $1,493 were sold by Curry Jeffery V. on Dec 19 ’24. At $29.86 per share, Curry Jeffery V. sold 50 shares. The insider’s holdings dropped to 90,280 shares worth approximately $2.66 million following the completion of this transaction.
Also, OCM Xb CBL-E Holdings, LLC sold 1,000,000 shares, netting a total of over 30,400,000 in proceeds. Following the sale of shares at $30.40 each, the insider now holds 2,983,967 shares.
Before that, Jaenicke Benjamin W had sold 3,782 shares from its account. In a trade valued at $96,144, the EVP – Chief Financial Officer traded CBL& Associates Properties, Inc shares for $25.42 each. Upon closing the transaction, the insider’s holdings decreased to 3,782 shares, worth approximately $1.46 million.
Analyzing CBL Stock Performance
During the last five days, there has been a surge of approximately 0.24%. Over the course of the year, CBL& Associates Properties, Inc shares have jumped approximately 0.24%. Shares of the company reached a 52-week high of $30.77 on 01/03/25 and a 52-week low of $29.13 on 01/08/25. A 50-day SMA is recorded $29.34, while a 200-day SMA reached $25.35. Nevertheless, trading volume fell to 0.18 million shares from 0.13 million shares the previous day.
Support And Resistance Levels for CBL& Associates Properties, Inc (CBL)
According to the 24-hour chart, there is a support level at 29.11, which, if violated, would cause prices to drop to 28.73. In the upper region, resistance lies at 29.88. The next price resistance is at 30.27. RSI (Relative Strength Index) is 45.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.09, which suggests the price will decrease in the coming days. Percent R is at 78.05%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
