Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ball Corp shares valued at $346,795 were sold by Fisher Daniel William on Nov 20 ’24. At $59.77 per share, Fisher Daniel William sold 5,802 shares. The insider’s holdings dropped to 118,043 shares worth approximately $6.41 million following the completion of this transaction.
Also, DANIEL W. FISHER purchased 5,802 shares, netting a total of over 346,795 in proceeds.
Before that, Mariani Pedro Henrique had sold 5,000 shares from its account. In a trade valued at $349,486, the Director traded Ball Corp shares for $69.90 each. Upon closing the transaction, the insider’s holdings decreased to 5,000 shares, worth approximately $0.53 million.
As published in a research note from Wells Fargo on January 16, 2025, Ball Corp [BALL] has been rated down from an Equal weight to an Underweight and the price target has been revised to $49 from $56. Analysts at UBS upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of December 10, 2024, Mizuho has increased its “Neutral” rating to a “an Outperform” for BALL. Earlier on September 04, 2024, Morgan Stanley upgraded its rating. Their new recommendation was “an Overweight” for BALL stock which previously was a “an Equal-weight”.
Analyzing BALL Stock Performance
During the last five days, there has been a drop of approximately -0.09%. Over the course of the year, Ball Corp shares have dropped approximately -1.45%. Shares of the company reached a 52-week high of $55.88 on 01/02/25 and a 52-week low of $51.96 on 01/10/25. A 50-day SMA is recorded $57.74, while a 200-day SMA reached $63.19. Nevertheless, trading volume fell to 2.65 million shares from 2.11 million shares the previous day.
Support And Resistance Levels for Ball Corp (BALL)
According to the 24-hour chart, there is a support level at 54.11, which, if violated, would cause prices to drop to 53.89. In the upper region, resistance lies at 54.71. The next price resistance is at 55.09. RSI (Relative Strength Index) is 42.03 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.51, which suggests the price will decrease in the coming days. Percent R is at 39.62%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
