Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Celestica, Inc shares valued at $2,468,250 were sold by Wilson Michael on Jan 06 ’25. At $98.73 per share, Wilson Michael sold 25,000 shares. The insider’s holdings dropped to 1,784 shares worth approximately $0.18 million following the completion of this transaction.
Also, Robert A. Mionis purchased 77,108 shares, netting a total of over 6,682,950 in proceeds.
Before that, Leila Wong had added 4,552 shares to its account. In a trade valued at $394,522, the Chief Human Resources Officer bought Celestica, Inc shares for $86.67 each.
As published in their initiating research note from UBS on November 22, 2024, Celestica, Inc [CLS] has been a Neutral and the price target has been revised to $95. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in early November. As of September 09, 2024, Stifel has increased its “Hold” rating to a “Buy” for CLS. Earlier on May 15, 2024, Fox Advisors initiated its rating. Their recommendation was “an Overweight” for CLS stock.
Analyzing CLS Stock Performance
During the last five days, there has been a drop of approximately -18.48%. Over the course of the year, Celestica, Inc shares have jumped approximately 8.87%. Shares of the company reached a 52-week high of $131.23 on 01/22/25 and a 52-week low of $86.12 on 01/27/25. A 50-day SMA is recorded $95.99, while a 200-day SMA reached $64.80. Nevertheless, trading volume fell to 7.63 million shares from 8.53 million shares the previous day.
Support And Resistance Levels for Celestica, Inc (CLS)
According to the 24-hour chart, there is a support level at 98.01, which, if violated, would cause prices to drop to 95.53. In the upper region, resistance lies at 102.79. The next price resistance is at 105.09. RSI (Relative Strength Index) is 48.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.71, which suggests the price will decrease in the coming days. Percent R is at 68.14%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
