Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. United Parcel Service, Inc shares valued at $1,371,022 were sold by Cesarone Nando on Nov 25 ’24. At $137.10 per share, Cesarone Nando sold 10,000 shares. The insider’s holdings dropped to 36,769 shares worth approximately $4.91 million following the completion of this transaction.
Also, Brothers Norman M. Jr sold 7,325 shares, netting a total of over 1,015,009 in proceeds. Following the sale of shares at $138.57 each, the insider now holds 0 shares.
Before that, Brothers Norman M. Jr had added 7,325 shares to its account. In a trade valued at $1,015,010, the Officer bought United Parcel Service, Inc shares for $138.57 each.
As published in a research note from Evercore ISI on January 22, 2025, United Parcel Service, Inc [UPS] has been retained to an In-line and the price target has been revised to $147. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid January. As of January 08, 2025, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for UPS. Earlier on December 10, 2024, BMO Capital Markets upgraded its rating. Their new recommendation was “an Outperform” for UPS stock which previously was a “a Market perform”.
Analyzing UPS Stock Performance
During the last five days, there has been a surge of approximately 4.82%. Over the course of the year, United Parcel Service, Inc shares have jumped approximately 5.96%. Shares of the company reached a 52-week high of $133.67 on 01/23/25 and a 52-week low of $121.56 on 01/13/25. A 50-day SMA is recorded $129.28, while a 200-day SMA reached $134.40. Nevertheless, trading volume fell to 3.28 million shares from 4.42 million shares the previous day.
Support And Resistance Levels for United Parcel Service, Inc (UPS)
According to the 24-hour chart, there is a support level at 132.52, which, if violated, would cause prices to drop to 131.44. In the upper region, resistance lies at 134.18. The next price resistance is at 134.76. RSI (Relative Strength Index) is 65.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.59, which suggests the price will increase in the coming days. Percent R is at 0.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
