Camden Property Trust’s filing revealed that its Director Brunner Heather J. unloaded Company’s shares for reported $0.21 million on Jan 06 ’25. In the deal valued at $114.50 per share,1,853 shares were sold. As a result of this transaction, Brunner Heather J. now holds 10,537 shares worth roughly $1.15 million.
Then, Brunner Heather J. sold 264 shares, generating $29,056 in total proceeds. Upon selling the shares at $110.06, the Director now owns 10,273 shares.
Before that, CAMPO RICHARD J sold 7,324 shares. Camden Property Trust shares valued at $838,635 were divested by the Chairman and CEO at a price of $114.50 per share. As a result of the transaction, CAMPO RICHARD J now holds 300,135 shares, worth roughly $32.76 million.
Barclays initiated its Camden Property Trust [CPT] rating to an Overweight in a research note published on December 17, 2024; the price target was $138. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in mid December from “a Neutral” to “an Underweight”. Stifel also remained covering CPT and has decreased its forecast on November 13, 2024 with a “Hold” recommendation from previously “Buy” rating. Jefferies started covering the stock on October 11, 2024. It rated CPT as “a Hold”.
Price Performance Review of CPT
On Friday, Camden Property Trust [NYSE:CPT] saw its stock fall -1.69% to $109.16. Over the last five days, the stock has lost -4.81%. Camden Property Trust shares have fallen nearly -5.93% since the year began. Nevertheless, the stocks have risen 11.27% over the past one year. While a 52-week high of $127.69 was reached on 01/03/25, a 52-week low of $90.50 was recorded on 01/10/25. SMA at 50 days reached $118.78, while 200 days put it at $113.54.
Levels Of Support And Resistance For CPT Stock
The 24-hour chart illustrates a support level at 108.13, which if violated will result in even more drops to 107.10. On the upside, there is a resistance level at 110.52. A further resistance level may holdings at 111.88. The Relative Strength Index (RSI) on the 14-day chart is 32.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.99%. Stochastics %K at 16.07% indicates the stock is a buying.
How much short interest is there in Camden Property Trust?
A steep rise in short interest was recorded in Camden Property Trust stocks on 2024-12-13, dropping by 55288.0 shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.82 million shares. There was a decline of -3.13%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 11, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”a Neutral”‘ rating along with a $129 price target.
