KD Logo

Simpson Manufacturing Co., Inc [SSD] Insider Activity: An Update for Investors

Simpson Manufacturing Co., Inc’s recently made public that its EVP, NA Sales Dankel Roger unloaded Company’s shares for reported $45765.0 on Dec 04 ’24. In the deal valued at $183.06 per share,250 shares were sold. As a result of this transaction, Dankel Roger now holds 23,814 shares worth roughly $4.02 million.

Then, Lutz Jennifer sold 700 shares, generating $129,129 in total proceeds. Upon selling the shares at $184.47, the EVP, Human Resources now owns 3,333 shares.

Before that, Dankel Roger bought 250 shares. Simpson Manufacturing Co., Inc shares valued at $45,764 were divested by the Officer at a price of $183.06 per share.

Sidoti upgraded its Simpson Manufacturing Co., Inc [SSD] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including CJS Securities’s analysts, who increased its forecast for the stock in early February from “a Market perform” to “a Market outperform”. Robert W. Baird also remained covering SSD and has increased its forecast on October 15, 2020 with a “an Outperform” recommendation from previously “Neutral” rating. DA Davidson revised its rating on July 28, 2020. It rated SSD as “a Neutral” which previously was an “a Buy”.

Price Performance Review of SSD

On Friday, Simpson Manufacturing Co., Inc [NYSE:SSD] saw its stock jump 1.07% to $168.79. Over the last five days, the stock has gained 6.85%. Simpson Manufacturing Co., Inc shares have risen nearly 1.78% since the year began. Nevertheless, the stocks have fallen -6.81% over the past one year. While a 52-week high of $218.38 was reached on 01/06/25, a 52-week low of $155.73 was recorded on 01/10/25. SMA at 50 days reached $177.08, while 200 days put it at $178.25.

Levels Of Support And Resistance For SSD Stock

The 24-hour chart illustrates a support level at 167.96, which if violated will result in even more drops to 167.12. On the upside, there is a resistance level at 169.70. A further resistance level may holdings at 170.60. The Relative Strength Index (RSI) on the 14-day chart is 48.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 11.16%. Stochastics %K at 79.14% indicates the stock is a holding.

How much short interest is there in Simpson Manufacturing Co., Inc?

A steep rise in short interest was recorded in Simpson Manufacturing Co., Inc stocks on 2024-12-31, growing by 51453.0 shares to a total of 0.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.84 million shares. There was a rise of 5.76%, which implies that there is a positive sentiment for the stock.

Most Popular