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CME Group Inc (CME) receives a Neutral rating from Citigroup

CME Group Inc’s recent filing unveils that its Director SHEPARD WILLIAM R acquired Company’s shares for reported $0.31 million on Jan 16 ’25. In the deal valued at $227.96 per share,1,369 shares were bought. As a result of this transaction, SHEPARD WILLIAM R now holds 256,805 shares worth roughly $60.19 million.

Then, SHEPARD WILLIAM R bought 60 shares, generating $13,757 in total proceeds. Upon buying the shares at $227.96, the Director now owns 2,432 shares.

Before that, SHEPARD WILLIAM R bought 264 shares. CME Group Inc shares valued at $61,568 were divested by the Director at a price of $232.89 per share. As a result of the transaction, SHEPARD WILLIAM R now holds 255,436 shares, worth roughly $59.87 million.

Citigroup downgraded its CME Group Inc [CME] rating to a Neutral from a a Buy in a research note published on January 06, 2025; the price target was decreased to $250 from $255. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Neutral”. RBC Capital Mkts began covering CME with “Sector perform” recommendation on September 27, 2024. TD Cowen started covering the stock on September 26, 2024. It rated CME as “a Hold”.

Price Performance Review of CME

On Tuesday, CME Group Inc [NASDAQ:CME] saw its stock fall -1.08% to $234.39. Over the last five days, the stock has gained 0.92%. CME Group Inc shares have risen nearly 0.93% since the year began. Nevertheless, the stocks have risen 16.83% over the past one year. While a 52-week high of $242.98 was reached on 01/27/25, a 52-week low of $186.08 was recorded on 01/07/25. SMA at 50 days reached $233.56, while 200 days put it at $216.08.

Levels Of Support And Resistance For CME Stock

The 24-hour chart illustrates a support level at 233.20, which if violated will result in even more drops to 232.02. On the upside, there is a resistance level at 236.02. A further resistance level may holdings at 237.66. The Relative Strength Index (RSI) on the 14-day chart is 56.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 26.38%. Stochastics %K at 84.55% indicates the stock is a selling.

How much short interest is there in CME Group Inc?

A steep rise in short interest was recorded in CME Group Inc stocks on 2025-01-15, growing by 94729.0 shares to a total of 4.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.73 million shares. There was a rise of 1.97%, which implies that there is a positive sentiment for the stock.

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