Cencora Inc’s recently made public that its Executive Vice President Battaglia Silvana unloaded Company’s shares for reported $0.38 million on Dec 20 ’24. In the deal valued at $228.72 per share,1,678 shares were sold. As a result of this transaction, Battaglia Silvana now holds 20,329 shares worth roughly $4.8 million.
Then, Battaglia Silvana bought 1,678 shares, generating $383,792 in total proceeds.
Before that, Krikorian Lazarus sold 1,816 shares. Cencora Inc shares valued at $454,754 were divested by the SVP & Chief Accounting Officer at a price of $250.41 per share. As a result of the transaction, Krikorian Lazarus now holds 21,988 shares, worth roughly $5.19 million.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in mid September from “a Buy” to “a Neutral”. Leerink Partners began covering COR with “an Outperform” recommendation on February 26, 2024. Barclays started covering the stock on January 03, 2024. It rated COR as “an Overweight”.
Price Performance Review of COR
On Monday, Cencora Inc [NYSE:COR] saw its stock fall -0.04% to $236.09. Over the last five days, the stock has gained 3.01%. Cencora Inc shares have risen nearly 5.08% since the year began. Nevertheless, the stocks have risen 9.24% over the past one year. While a 52-week high of $253.27 was reached on 01/10/25, a 52-week low of $214.77 was recorded on 01/02/25. SMA at 50 days reached $237.56, while 200 days put it at $233.08.
Levels Of Support And Resistance For COR Stock
The 24-hour chart illustrates a support level at 234.21, which if violated will result in even more drops to 232.32. On the upside, there is a resistance level at 237.38. A further resistance level may holdings at 238.66. The Relative Strength Index (RSI) on the 14-day chart is 56.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 7.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.82%. Stochastics %K at 85.09% indicates the stock is a selling.
How much short interest is there in Cencora Inc?
A steep rise in short interest was recorded in Cencora Inc stocks on 2024-12-13, dropping by -0.23 million shares to a total of 9.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.99 million shares. There was a decline of -2.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 14, 2023 when Wells Fargo began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $213 price target.
