Charles River Laboratories International Inc’s recently made public that its Director WALLMAN RICHARD F unloaded Company’s shares for reported $1.43 million on Nov 07 ’24. In the deal valued at $216.12 per share,6,621 shares were sold. As a result of this transaction, WALLMAN RICHARD F now holds 12,386 shares worth roughly $2.1 million.
Then, WALLMAN RICHARD F sold 1,000 shares, generating $216,500 in total proceeds. Upon selling the shares at $216.50, the Director now owns 0 shares.
Before that, WALLMAN RICHARD F bought 12,161 shares. Charles River Laboratories International Inc shares valued at $2,626,923 were divested by the Director at a price of $216.01 per share.
UBS downgraded its Charles River Laboratories International Inc [CRL] rating to a Neutral from a a Buy in a research note published on January 17, 2025; the price target was decreased to $185 from $250. A number of analysts have revised their coverage, including CLSA’s analysts, who decreased its forecast for the stock in mid November from “a Hold” to “an Underperform”. CLSA also remained covering CRL and has increased its forecast on November 07, 2024 with a “Hold” recommendation from previously “an Underperform” rating. CLSA started covering the stock on October 23, 2024. It rated CRL as “an Underperform”.
Price Performance Review of CRL
On Tuesday, Charles River Laboratories International Inc [NYSE:CRL] saw its stock jump 3.86% to $169.81. Over the last five days, the stock has lost -10.69%. Charles River Laboratories International Inc shares have fallen nearly -8.01% since the year began. Nevertheless, the stocks have fallen -17.61% over the past one year. While a 52-week high of $275.00 was reached on 01/07/25, a 52-week low of $160.85 was recorded on 01/16/25. SMA at 50 days reached $191.66, while 200 days put it at $206.39.
Levels Of Support And Resistance For CRL Stock
The 24-hour chart illustrates a support level at 165.96, which if violated will result in even more drops to 162.10. On the upside, there is a resistance level at 172.71. A further resistance level may holdings at 175.60. The Relative Strength Index (RSI) on the 14-day chart is 36.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.42, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.60%. Stochastics %K at 14.54% indicates the stock is a buying.
How much short interest is there in Charles River Laboratories International Inc?
A steep rise in short interest was recorded in Charles River Laboratories International Inc stocks on 2024-12-31, growing by 78480.0 shares to a total of 2.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 2.18 million shares. There was a rise of 3.48%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 14, 2024 when Redburn Atlantic began covering the stock and recommended ‘”a Sell”‘ rating .
