Tyson Foods, Inc’s filing revealed that its Director White Noel W unloaded Company’s shares for reported $10.9 million on Nov 21 ’24. In the deal valued at $63.70 per share,171,057 shares were sold. As a result of this transaction, White Noel W now holds 36,179 shares worth roughly $2.01 million.
Then, TYSON JOHN H sold 185,394 shares, generating $11,822,575 in total proceeds. Upon selling the shares at $63.77, the Chairman of the Board now owns 3,003,374 shares.
Before that, White Noel W bought 171,057 shares. Tyson Foods, Inc shares valued at $10,896,867 were divested by the Director at a price of $63.70 per share.
UBS initiated its Tyson Foods, Inc [TSN] rating to a Neutral in a research note published on January 10, 2025; the price target was $62. Piper Sandler also remained covering TSN and has decreased its forecast on September 25, 2024 with a “an Underweight” recommendation from previously “Neutral” rating. Barclays revised its rating on April 16, 2024. It rated TSN as “an Overweight” which previously was an “an Underweight”.
Price Performance Review of TSN
On Tuesday, Tyson Foods, Inc [NYSE:TSN] saw its stock fall -0.31% to $55.46. Over the last five days, the stock has lost -2.36%. Tyson Foods, Inc shares have fallen nearly -3.45% since the year began. Nevertheless, the stocks have risen 2.17% over the past one year. While a 52-week high of $66.88 was reached on 01/03/25, a 52-week low of $51.16 was recorded on 01/10/25. SMA at 50 days reached $60.34, while 200 days put it at $59.81.
Levels Of Support And Resistance For TSN Stock
The 24-hour chart illustrates a support level at 55.13, which if violated will result in even more drops to 54.81. On the upside, there is a resistance level at 55.89. A further resistance level may holdings at 56.32. The Relative Strength Index (RSI) on the 14-day chart is 32.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.72, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.61%. Stochastics %K at 23.90% indicates the stock is a holding.
How much short interest is there in Tyson Foods, Inc?
A steep rise in short interest was recorded in Tyson Foods, Inc stocks on 2024-12-31, dropping by -0.56 million shares to a total of 5.04 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 5.6 million shares. There was a decline of -11.06%, which implies that there is a negative sentiment for the stock.
