Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CF Industries Holdings Inc shares valued at $403,200 were purchased by Menzel Susan L on Jan 15 ’25. At $96.00 per share, Menzel Susan L acquired 4,200 shares.
Also, Menzel Susan L sold 1,500 shares, netting a total of over 142,500 in proceeds. Following the sale of shares at $95.00 each, the insider now holds 93,986 shares.
Before that, Malik Ashraf K had sold 8,889 shares from its account. In a trade valued at $844,457, the Sr. VP, Manufacturing & D’istn traded CF Industries Holdings Inc shares for $95.00 each. Upon closing the transaction, the insider’s holdings decreased to 8,889 shares, worth approximately $1.53 million.
As published in a research note from Piper Sandler on January 13, 2025, CF Industries Holdings Inc [CF] has been rated up from an Underweight to an Overweight and the price target has been revised to $105 from $79. Analysts at Oppenheimer started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid December. As of October 18, 2024, Redburn Atlantic has initiated its “Neutral” rating for CF. Earlier on October 16, 2024, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CF stock which previously was a “a Neutral”.
Analyzing CF Stock Performance
During the last five days, there has been a surge of approximately 8.59%. Over the course of the year, CF Industries Holdings Inc shares have jumped approximately 12.95%. Shares of the company reached a 52-week high of $96.78 on 01/15/25 and a 52-week low of $85.44 on 01/02/25. A 50-day SMA is recorded $87.75, while a 200-day SMA reached $80.96. Nevertheless, trading volume fell to 1.72 million shares from 2.79 million shares the previous day.
Support And Resistance Levels for CF Industries Holdings Inc (CF)
According to the 24-hour chart, there is a support level at 95.10, which, if violated, would cause prices to drop to 93.82. In the upper region, resistance lies at 97.21. The next price resistance is at 98.05. RSI (Relative Strength Index) is 69.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.04, which suggests the price will increase in the coming days. Percent R is at 3.12%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
