The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. DuPont de Nemours Inc shares valued at $511,942 were sold by Kemp Jon D. on Nov 26 ’24. At $83.92 per share, Kemp Jon D. sold 6,100 shares. The insider’s holdings dropped to 83,550 shares worth approximately $6.49 million following the completion of this transaction.
Also, Kemp Jon D. purchased 6,100 shares, netting a total of over 511,917 in proceeds.
Before that, Larrabee Steven P. had sold 3,100 shares from its account. In a trade valued at $252,385, the SVP & CIO traded DuPont de Nemours Inc shares for $81.41 each. Upon closing the transaction, the insider’s holdings decreased to 3,100 shares, worth approximately $2.74 million.
As published in a research note from Wolfe Research on January 17, 2025, DuPont de Nemours Inc [DD] has been rated up from a Peer perform to an Outperform and the price target has been revised to $91. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in early October. As of May 28, 2024, Citigroup has increased its “Neutral” rating to a “Buy” for DD. Earlier on May 24, 2024, Wells Fargo upgraded its rating. Their new recommendation was “an Overweight” for DD stock which previously was a “an Equal weight”.
Analyzing DD Stock Performance
During the last five days, there has been a surge of approximately 3.11%. Over the course of the year, DuPont de Nemours Inc shares have jumped approximately 1.80%. Shares of the company reached a 52-week high of $78.72 on 01/21/25 and a 52-week low of $72.40 on 01/13/25. A 50-day SMA is recorded $79.83, while a 200-day SMA reached $80.44. Nevertheless, trading volume fell to 1.57 million shares from 1.86 million shares the previous day.
Support And Resistance Levels for DuPont de Nemours Inc (DD)
According to the 24-hour chart, there is a support level at 77.23, which, if violated, would cause prices to drop to 76.84. In the upper region, resistance lies at 78.31. The next price resistance is at 79.00. RSI (Relative Strength Index) is 51.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.13, which suggests the price will increase in the coming days. Percent R is at 17.41%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
