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. Cal-Maine Foods, Inc shares valued at $99,963 were sold by Poole James E on Jan 14 ’25. At $109.97 per share, Poole James E sold 909 shares. The insider’s holdings dropped to 9,261 shares worth approximately $1.02 million following the completion of this transaction.
Also, Sanders Steve W sold 750 shares, netting a total of over 82,478 in proceeds. Following the sale of shares at $109.97 each, the insider now holds 25,420 shares.
Before that, Young Camille S had sold 909 shares from its account. In a trade valued at $99,963, the Director traded Cal-Maine Foods, Inc shares for $109.97 each. Upon closing the transaction, the insider’s holdings decreased to 909 shares, worth approximately $0.84 million.
Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in late April. As of March 30, 2022, Consumer Edge Research has increased its “an Equal weight” rating to a “an Overweight” for CALM. Earlier on May 26, 2021, BofA Securities downgraded its rating. Their new recommendation was “an Underperform” for CALM stock which previously was a “a Buy”.
Analyzing CALM Stock Performance
During the last five days, there has been a drop of approximately -1.80%. Over the course of the year, Cal-Maine Foods, Inc shares have jumped approximately 7.35%. Shares of the company reached a 52-week high of $116.41 on 01/21/25 and a 52-week low of $101.46 on 01/10/25. A 50-day SMA is recorded $101.76, while a 200-day SMA reached $77.11. Nevertheless, trading volume fell to 0.57 million shares from 0.44 million shares the previous day.
Support And Resistance Levels for Cal-Maine Foods, Inc (CALM)
According to the 24-hour chart, there is a support level at 108.98, which, if violated, would cause prices to drop to 107.49. In the upper region, resistance lies at 113.07. The next price resistance is at 115.67. RSI (Relative Strength Index) is 58.56 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.67, which suggests the price will increase in the coming days. Percent R is at 39.65%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
