Ryan Specialty Holdings Inc’s recent filing unveils that its Director CORTEZI NICHOLAS DOMINIC unloaded Company’s shares for reported $2.06 million on Jan 29 ’25. In the deal valued at $65.64 per share,31,409 shares were sold. As a result of this transaction, CORTEZI NICHOLAS DOMINIC now holds 0 shares worth roughly $0.0.
Then, CORTEZI NICHOLAS DOMINIC sold 8,549 shares, generating $567,042 in total proceeds. Upon selling the shares at $66.33, the Director now owns 0 shares.
Before that, LOUISE M CORTEZI FAMILY TRUST bought 8,549 shares. Ryan Specialty Holdings Inc shares valued at $563,294 were divested by the Director at a price of $65.89 per share.
Morgan Stanley initiated its Ryan Specialty Holdings Inc [RYAN] rating to an Overweight in a research note published on December 05, 2024; the price target was $90. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who increased its forecast for the stock in late September from “a Market perform” to “an Outperform”. Barclays began covering RYAN with “an Overweight” recommendation on September 05, 2024. Wells Fargo revised its rating on July 11, 2024. It rated RYAN as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of RYAN
On Monday, Ryan Specialty Holdings Inc [NYSE:RYAN] saw its stock jump 1.31% to $67.45. Over the last five days, the stock has gained 3.20%. Ryan Specialty Holdings Inc shares have risen nearly 5.13% since the year began. Nevertheless, the stocks have risen 56.37% over the past one year. While a 52-week high of $75.97 was reached on 02/03/25, a 52-week low of $42.03 was recorded on 01/10/25. SMA at 50 days reached $67.26, while 200 days put it at $62.79.
Levels Of Support And Resistance For RYAN Stock
The 24-hour chart illustrates a support level at 66.04, which if violated will result in even more drops to 64.63. On the upside, there is a resistance level at 68.42. A further resistance level may holdings at 69.39. The Relative Strength Index (RSI) on the 14-day chart is 58.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.93, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 10.06%. Stochastics %K at 85.91% indicates the stock is a selling.
How much short interest is there in Ryan Specialty Holdings Inc?
A steep rise in short interest was recorded in Ryan Specialty Holdings Inc stocks on 2025-01-15, dropping by -1.09 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.59 million shares. There was a decline of -24.13%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on May 22, 2024 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $67 price target.
