Carrier Global Corp’s recently made public that its VP, Controller & CAO Crockett Kyle unloaded Company’s shares for reported $0.89 million on Nov 07 ’24. In the deal valued at $76.34 per share,11,647 shares were sold. As a result of this transaction, Crockett Kyle now holds 2,042 shares worth roughly $0.14 million.
Then, O’Connor Kevin J. sold 167,183 shares, generating $12,281,698 in total proceeds. Upon selling the shares at $73.46, the Senior VP & CLO now owns 46,083 shares.
Before that, Kyle Crockett bought 11,647 shares. Carrier Global Corp shares valued at $889,000 were divested by the Officer at a price of $76.33 per share.
A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. UBS also remained covering CARR and has increased its forecast on November 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. Stephens revised its rating on October 16, 2024. It rated CARR as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of CARR
On Tuesday, Carrier Global Corp [NYSE:CARR] saw its stock jump 1.92% to $68.40. Over the last five days, the stock has lost -0.45%. Carrier Global Corp shares have risen nearly 0.21% since the year began. Nevertheless, the stocks have risen 20.30% over the past one year. While a 52-week high of $83.32 was reached on 01/06/25, a 52-week low of $53.13 was recorded on 01/13/25. SMA at 50 days reached $72.52, while 200 days put it at $68.78.
Levels Of Support And Resistance For CARR Stock
The 24-hour chart illustrates a support level at 67.75, which if violated will result in even more drops to 67.09. On the upside, there is a resistance level at 68.94. A further resistance level may holdings at 69.48. The Relative Strength Index (RSI) on the 14-day chart is 42.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.37%. Stochastics %K at 35.96% indicates the stock is a holding.
How much short interest is there in Carrier Global Corp?
A steep rise in short interest was recorded in Carrier Global Corp stocks on 2024-12-31, dropping by -0.45 million shares to a total of 10.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 11.11 million shares. There was a decline of -4.26%, which implies that there is a negative sentiment for the stock.
