Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. FMC Corp shares valued at $270,245 were sold by Scanlan Jacqueline on Nov 11 ’24. At $59.67 per share, Scanlan Jacqueline sold 4,529 shares. The insider’s holdings dropped to 28,649 shares worth approximately $1.56 million following the completion of this transaction.
Also, Angeli Brian Paul sold 400 shares, netting a total of over 24,000 in proceeds. Following the sale of shares at $60.00 each, the insider now holds 5,879 shares.
Before that, Sandifer Andrew D had added 2,150 shares to its account. In a trade valued at $127,323, the EVP and CFO bought FMC Corp shares for $59.22 each. Upon closing the transaction, the insider’s holdings increased to 2,150 shares, worth approximately $2.73 million.
As published in a research note from Barclays on January 21, 2025, FMC Corp [FMC] has been rated up from an Equal weight to an Overweight and the price target has been revised to $65. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid January. As of October 23, 2024, Citigroup has initiated its “Neutral” rating for FMC. Earlier on June 26, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for FMC stock.
Analyzing FMC Stock Performance
During the last five days, there has been a surge of approximately 1.74%. Over the course of the year, FMC Corp shares have jumped approximately 11.99%. Shares of the company reached a 52-week high of $54.86 on 01/22/25 and a 52-week low of $48.38 on 01/03/25. A 50-day SMA is recorded $54.31, while a 200-day SMA reached $59.26. Nevertheless, trading volume fell to 0.98 million shares from 1.04 million shares the previous day.
Support And Resistance Levels for FMC Corp (FMC)
According to the 24-hour chart, there is a support level at 54.20, which, if violated, would cause prices to drop to 53.96. In the upper region, resistance lies at 54.77. The next price resistance is at 55.10. RSI (Relative Strength Index) is 58.83 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.59, which suggests the price will increase in the coming days. Percent R is at 5.96%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
