Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Clorox Co shares valued at $206,622 were sold by Hilt Angela C on Dec 16 ’24. At $165.56 per share, Hilt Angela C sold 1,248 shares. The insider’s holdings dropped to 19,833 shares worth approximately $3.14 million following the completion of this transaction.
Also, Hilt Angela C purchased 1,248 shares, netting a total of over 205,820 in proceeds.
Before that, Hilt Angela C had sold 1,733 shares from its account. In a trade valued at $286,842, the EVP – Chief Legal Officer traded Clorox Co shares for $165.52 each. Upon closing the transaction, the insider’s holdings decreased to 1,733 shares, worth approximately $2.13 million.
As published in a research note from Wells Fargo on January 07, 2025, Clorox Co [CLX] has been rated up from an Underweight to an Equal weight and the price target has been revised to $157. Analysts at TD Cowen upgraded the stock from ‘”a Sell”‘ to ‘”a Hold”‘ outlook in a report released in early November. As of October 01, 2024, Jefferies has increased its “Hold” rating to a “Buy” for CLX. Earlier on July 23, 2024, TD Cowen initiated its rating. Their recommendation was “a Sell” for CLX stock.
Analyzing CLX Stock Performance
During the last five days, there has been a drop of approximately -0.88%. Over the course of the year, Clorox Co shares have dropped approximately -2.53%. Shares of the company reached a 52-week high of $163.12 on 01/03/25 and a 52-week low of $156.28 on 01/13/25. A 50-day SMA is recorded $164.33, while a 200-day SMA reached $150.68. Nevertheless, trading volume fell to 0.6 million shares from 0.73 million shares the previous day.
Support And Resistance Levels for Clorox Co (CLX)
According to the 24-hour chart, there is a support level at 157.09, which, if violated, would cause prices to drop to 155.87. In the upper region, resistance lies at 159.76. The next price resistance is at 161.21. RSI (Relative Strength Index) is 39.76 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.39, which suggests the price will decrease in the coming days. Percent R is at 75.15%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
