Genuine Parts Co’s recently made public that its Director WENDY B NEEDHAM acquired Company’s shares for reported $0.19 million on Dec 13 ’24. In the deal valued at $120.78 per share,1,608 shares were bought.
Then, NEEDHAM WENDY B sold 1,608 shares, generating $194,214 in total proceeds. Upon selling the shares at $120.78, the Director now owns 11,357 shares.
Before that, BREAUX RANDALL P bought 750 shares. Genuine Parts Co shares valued at $100,238 were divested by the Group President, GPC N.A. at a price of $133.65 per share. As a result of the transaction, BREAUX RANDALL P now holds 35,189 shares, worth roughly $4.09 million.
Northcoast downgraded its Genuine Parts Co [GPC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. UBS began covering GPC with “Neutral” recommendation on October 12, 2023. Northcoast started covering the stock on June 28, 2023. It rated GPC as “a Buy”.
Price Performance Review of GPC
On Friday, Genuine Parts Co [NYSE:GPC] saw its stock fall -1.62% to $116.25. Over the last five days, the stock has lost -0.84%. Genuine Parts Co shares have fallen nearly -0.44% since the year began. Nevertheless, the stocks have fallen -18.85% over the past one year. While a 52-week high of $164.45 was reached on 01/21/25, a 52-week low of $112.74 was recorded on 01/10/25. SMA at 50 days reached $120.06, while 200 days put it at $134.89.
Levels Of Support And Resistance For GPC Stock
The 24-hour chart illustrates a support level at 115.28, which if violated will result in even more drops to 114.30. On the upside, there is a resistance level at 117.73. A further resistance level may holdings at 119.20. The Relative Strength Index (RSI) on the 14-day chart is 44.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.96, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 79.37%. Stochastics %K at 36.04% indicates the stock is a holding.
How much short interest is there in Genuine Parts Co?
A steep rise in short interest was recorded in Genuine Parts Co stocks on 2025-01-15, growing by 1.14 million shares to a total of 4.44 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.3 million shares. There was a rise of 25.68%, which implies that there is a positive sentiment for the stock.
