RPM International, Inc’s filing revealed that its Director Nance Frederick R. unloaded Company’s shares for reported $80467.0 on Nov 14 ’24. In the deal valued at $135.47 per share,594 shares were sold. As a result of this transaction, Nance Frederick R. now holds 8,526 shares worth roughly $1.09 million.
Then, Nance Frederick R. bought 594 shares, generating $80,149 in total proceeds.
Before that, Laroche Michael J. sold 3,615 shares. RPM International, Inc shares valued at $459,611 were divested by the VP, Controller & CAO at a price of $127.14 per share. As a result of the transaction, Laroche Michael J. now holds 11,596 shares, worth roughly $1.49 million.
Wells Fargo upgraded its RPM International, Inc [RPM] rating to an Overweight from a an Equal weight in a research note published on January 08, 2025; the price target was increased to $140 from $134. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late July from “an Overweight” to “a Neutral”. Vertical Research also remained covering RPM and has increased its forecast on July 16, 2024 with a “Buy” recommendation from previously “Hold” rating. Mizuho started covering the stock on January 12, 2024. It rated RPM as “a Buy”.
Price Performance Review of RPM
On Tuesday, RPM International, Inc [NYSE:RPM] saw its stock jump 1.41% to $128.31. Over the last five days, the stock has gained 5.07%. RPM International, Inc shares have risen nearly 4.27% since the year began. Nevertheless, the stocks have risen 17.33% over the past one year. While a 52-week high of $141.79 was reached on 01/21/25, a 52-week low of $103.63 was recorded on 01/07/25. SMA at 50 days reached $130.93, while 200 days put it at $119.74.
Levels Of Support And Resistance For RPM Stock
The 24-hour chart illustrates a support level at 127.44, which if violated will result in even more drops to 126.57. On the upside, there is a resistance level at 128.83. A further resistance level may holdings at 129.35. The Relative Strength Index (RSI) on the 14-day chart is 56.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.90, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.46%. Stochastics %K at 93.11% indicates the stock is a selling.
How much short interest is there in RPM International, Inc?
A steep rise in short interest was recorded in RPM International, Inc stocks on 2024-12-13, growing by 0.33 million shares to a total of 1.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 1.19 million shares. There was a rise of 21.84%, which implies that there is a positive sentiment for the stock.
