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. Morgan Stanley shares valued at $1,147,555 were sold by CRAWLEY MANDELL on Jan 22 ’25. At $138.06 per share, CRAWLEY MANDELL sold 8,312 shares. The insider’s holdings dropped to 55,249 shares worth approximately $7.73 million following the completion of this transaction.
Also, GROSSMAN ERIC F sold 13,097 shares, netting a total of over 1,783,754 in proceeds. Following the sale of shares at $136.20 each, the insider now holds 197,444 shares.
Before that, SIMKOWITZ DANIEL A had sold 36,631 shares from its account. In a trade valued at $5,004,069, the Co-President traded Morgan Stanley shares for $136.61 each. Upon closing the transaction, the insider’s holdings decreased to 36,631 shares, worth approximately $59.3 million.
As published in a research note from HSBC Securities on November 26, 2024, Morgan Stanley [MS] has been rated down from a Buy to a Hold. Analysts at Wells Fargo upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid November. As of October 04, 2024, HSBC Securities has increased its “Hold” rating to a “Buy” for MS. Earlier on September 11, 2024, Goldman downgraded its rating. Their new recommendation was “a Neutral” for MS stock which previously was a “a Buy”.
Analyzing MS Stock Performance
During the last five days, there has been a surge of approximately 1.55%. Over the course of the year, Morgan Stanley shares have jumped approximately 11.31%. Shares of the company reached a 52-week high of $141.48 on 01/29/25 and a 52-week low of $122.45 on 01/13/25. A 50-day SMA is recorded $130.24, while a 200-day SMA reached $109.61. Nevertheless, trading volume fell to 4.54 million shares from 5.72 million shares the previous day.
Support And Resistance Levels for Morgan Stanley (MS)
According to the 24-hour chart, there is a support level at 139.06, which, if violated, would cause prices to drop to 138.18. In the upper region, resistance lies at 140.65. The next price resistance is at 141.37. RSI (Relative Strength Index) is 68.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.85, which suggests the price will increase in the coming days. Percent R is at 8.09%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
