UDR Inc’s recent filing unveils that its Officer ALCOCK HARRY G acquired Company’s shares for reported $0.22 million on Sep 04 ’24. In the deal valued at $44.88 per share,5,000 shares were bought.
Then, TOOMEY THOMAS W sold 90,000 shares, generating $3,556,476 in total proceeds. Upon selling the shares at $39.52, the Chairman and CEO now owns 849,716 shares.
Before that, Lacy Michael D sold 4,500 shares. UDR Inc shares valued at $171,765 were divested by the SVP-Property Operations at a price of $38.17 per share. As a result of the transaction, Lacy Michael D now holds 8,566 shares, worth roughly $0.36 million.
Jefferies downgraded its UDR Inc [UDR] rating to a Hold from a a Buy in a research note published on January 02, 2025; the price target was decreased to $45 from $50. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in mid December with a ‘”an Overweight”‘ rating. Exane BNP Paribas began covering UDR with “an Outperform” recommendation on September 11, 2024. Goldman started covering the stock on September 04, 2024. It rated UDR as “a Sell”.
Price Performance Review of UDR
On Friday, UDR Inc [NYSE:UDR] saw its stock jump 0.75% to $41.74. Over the last five days, the stock has gained 2.71%. UDR Inc shares have fallen nearly -3.85% since the year began. Nevertheless, the stocks have risen 14.42% over the past one year. While a 52-week high of $47.55 was reached on 01/02/25, a 52-week low of $34.19 was recorded on 01/10/25. SMA at 50 days reached $43.17, while 200 days put it at $42.11.
Levels Of Support And Resistance For UDR Stock
The 24-hour chart illustrates a support level at 41.41, which if violated will result in even more drops to 41.09. On the upside, there is a resistance level at 42.07. A further resistance level may holdings at 42.41. The Relative Strength Index (RSI) on the 14-day chart is 49.23, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 23.48%. Stochastics %K at 60.34% indicates the stock is a holding.
How much short interest is there in UDR Inc?
A steep rise in short interest was recorded in UDR Inc stocks on 2025-01-15, growing by 0.74 million shares to a total of 5.26 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 4.53 million shares. There was a rise of 13.99%, which implies that there is a positive sentiment for the stock.
