Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. CME Group Inc shares valued at $312,041 were purchased by SHEPARD WILLIAM R on Jan 16 ’25. At $227.96 per share, SHEPARD WILLIAM R acquired 1,369 shares. The insider’s holdings grew to 256,805 shares worth approximately $59.71 million following the completion of this transaction.
Also, SHEPARD WILLIAM R purchased 60 shares, netting a total of over 13,757 in proceeds. Following the buying of shares at $227.96 each, the insider now holds 2,432 shares.
Before that, SHEPARD WILLIAM R had added 264 shares to its account. In a trade valued at $61,568, the Director bought CME Group Inc shares for $232.89 each. Upon closing the transaction, the insider’s holdings increased to 264 shares, worth approximately $59.4 million.
As published in a research note from Citigroup on January 06, 2025, CME Group Inc [CME] has been rated down from a Buy to a Neutral and the price target has been revised to $250 from $255. Analysts at Redburn Atlantic downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early October. As of September 27, 2024, RBC Capital Mkts has initiated its “Sector perform” rating for CME. Earlier on September 26, 2024, TD Cowen initiated its rating. Their recommendation was “a Hold” for CME stock.
Analyzing CME Stock Performance
During the last five days, there has been a surge of approximately 0.35%. Over the course of the year, CME Group Inc shares have jumped approximately 0.13%. Shares of the company reached a 52-week high of $235.75 on 01/17/25 and a 52-week low of $224.62 on 01/07/25. A 50-day SMA is recorded $232.77, while a 200-day SMA reached $215.61. Nevertheless, trading volume fell to 1.68 million shares from 2.04 million shares the previous day.
Support And Resistance Levels for CME Group Inc (CME)
According to the 24-hour chart, there is a support level at 231.31, which, if violated, would cause prices to drop to 230.09. In the upper region, resistance lies at 233.24. The next price resistance is at 233.95. RSI (Relative Strength Index) is 54.70 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.95, which suggests the price will increase in the coming days. Percent R is at 28.93%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
