KD Logo

Taking a look at what insiders are doing to gauge the Boeing Co (BA)’s direction

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Boeing Co shares valued at $1,507,600 were purchased by Theodore Colbert III on Nov 26 ’24. At $150.76 per share, Theodore Colbert III acquired 10,000 shares.

As published in a research note from Barclays on January 06, 2025, Boeing Co [BA] has been rated up from an Equal weight to an Overweight and the price target has been revised to $210 from $190. Analysts at Northcoast upgraded the stock from ‘”a Sell”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of October 30, 2024, Bernstein has decreased its “an Outperform” rating to a “Mkt perform” for BA. Earlier on October 17, 2024, Bernstein resumed its rating. Their recommendation was “an Outperform” for BA stock.

Analyzing BA Stock Performance

During the last five days, there has been a surge of approximately 7.40%. Over the course of the year, Boeing Co shares have jumped approximately 0.85%. Shares of the company reached a 52-week high of $179.19 on 01/02/25 and a 52-week low of $164.62 on 01/14/25. A 50-day SMA is recorded $163.11, while a 200-day SMA reached $168.60. Nevertheless, trading volume fell to 6.66 million shares from 5.13 million shares the previous day.

Support And Resistance Levels for Boeing Co (BA)

According to the 24-hour chart, there is a support level at 175.28, which, if violated, would cause prices to drop to 172.05. In the upper region, resistance lies at 180.20. The next price resistance is at 181.89. RSI (Relative Strength Index) is 64.20 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.75, which suggests the price will increase in the coming days. Percent R is at 4.74%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular