In a filing, Clorox Co revealed its EVP – Chief Legal Officer Hilt Angela C unloaded Company’s shares for reported $0.21 million on Dec 16 ’24. In the deal valued at $165.56 per share,1,248 shares were sold. As a result of this transaction, Hilt Angela C now holds 19,833 shares worth roughly $3.13 million.
Then, Hilt Angela C bought 1,248 shares, generating $205,820 in total proceeds.
Before that, Hilt Angela C sold 1,733 shares. Clorox Co shares valued at $286,842 were divested by the EVP – Chief Legal Officer at a price of $165.52 per share. As a result of the transaction, Hilt Angela C now holds 13,471 shares, worth roughly $2.12 million.
Wells Fargo upgraded its Clorox Co [CLX] rating to an Equal weight from a an Underweight in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early November from “a Sell” to “a Hold”. Jefferies also remained covering CLX and has increased its forecast on October 01, 2024 with a “Buy” recommendation from previously “Hold” rating. TD Cowen started covering the stock on July 23, 2024. It rated CLX as “a Sell”.
Price Performance Review of CLX
On Friday, Clorox Co [NYSE:CLX] saw its stock fall -1.90% to $157.57. Over the last five days, the stock has lost -2.63%. Clorox Co shares have fallen nearly -2.98% since the year began. Nevertheless, the stocks have risen 11.49% over the past one year. While a 52-week high of $171.37 was reached on 01/03/25, a 52-week low of $127.60 was recorded on 01/06/25. SMA at 50 days reached $164.27, while 200 days put it at $150.59.
Levels Of Support And Resistance For CLX Stock
The 24-hour chart illustrates a support level at 156.59, which if violated will result in even more drops to 155.62. On the upside, there is a resistance level at 159.07. A further resistance level may holdings at 160.57. The Relative Strength Index (RSI) on the 14-day chart is 36.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 90.06%. Stochastics %K at 34.67% indicates the stock is a holding.
How much short interest is there in Clorox Co?
A steep rise in short interest was recorded in Clorox Co stocks on 2024-12-13, growing by 95745.0 shares to a total of 3.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.76 million shares. There was a rise of 2.48%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 24, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Underperform”‘ rating along with a $130 price target.
