In a filing, Cavco Industries Inc revealed its Director Blount Susan L unloaded Company’s shares for reported $0.35 million on Jan 15 ’25. In the deal valued at $471.70 per share,750 shares were sold. As a result of this transaction, Blount Susan L now holds 2,836 shares worth roughly $1.35 million.
Then, Blount Susan L sold 750 shares, generating $364,170 in total proceeds. Upon selling the shares at $485.56, the Director now owns 2,086 shares.
Before that, SUSAN L BLOUNT bought 1,500 shares. Cavco Industries Inc shares valued at $748,170 were divested by the Director at a price of $498.78 per share.
Wedbush downgraded its Cavco Industries Inc [CVCO] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “an Outperform”. Craig Hallum also remained covering CVCO and has increased its forecast on September 23, 2020 with a “Buy” recommendation from previously “Hold” rating. Wedbush started covering the stock on July 14, 2020. It rated CVCO as “a Neutral”.
Price Performance Review of CVCO
On Friday, Cavco Industries Inc [NASDAQ:CVCO] saw its stock jump 1.13% to $476.84. Over the last five days, the stock has gained 10.56%. Cavco Industries Inc shares have risen nearly 6.86% since the year began. Nevertheless, the stocks have risen 55.56% over the past one year. While a 52-week high of $544.08 was reached on 01/17/25, a 52-week low of $304.10 was recorded on 01/13/25. SMA at 50 days reached $473.42, while 200 days put it at $408.82.
Levels Of Support And Resistance For CVCO Stock
The 24-hour chart illustrates a support level at 469.87, which if violated will result in even more drops to 462.90. On the upside, there is a resistance level at 483.96. A further resistance level may holdings at 491.08. The Relative Strength Index (RSI) on the 14-day chart is 58.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 22.53, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.07%. Stochastics %K at 88.11% indicates the stock is a selling.
How much short interest is there in Cavco Industries Inc?
A steep rise in short interest was recorded in Cavco Industries Inc stocks on 2024-12-31, dropping by 40554.0 shares to a total of 0.14 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.18 million shares. There was a decline of -29.03%, which implies that there is a negative sentiment for the stock.
