Carrier Global Corp’s filing revealed that its VP, Controller & CAO Crockett Kyle unloaded Company’s shares for reported $0.89 million on Nov 07 ’24. In the deal valued at $76.34 per share,11,647 shares were sold. As a result of this transaction, Crockett Kyle now holds 2,042 shares worth roughly $0.13 million.
Then, O’Connor Kevin J. sold 167,183 shares, generating $12,281,698 in total proceeds. Upon selling the shares at $73.46, the Senior VP & CLO now owns 46,083 shares.
Before that, Kyle Crockett bought 11,647 shares. Carrier Global Corp shares valued at $889,000 were divested by the Officer at a price of $76.33 per share.
A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in late November with a ‘”a Neutral”‘ rating. UBS also remained covering CARR and has increased its forecast on November 13, 2024 with a “Buy” recommendation from previously “Neutral” rating. Stephens revised its rating on October 16, 2024. It rated CARR as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of CARR
On Friday, Carrier Global Corp [NYSE:CARR] saw its stock fall -0.89% to $65.38. Over the last five days, the stock has lost -6.76%. Carrier Global Corp shares have fallen nearly -4.22% since the year began. Nevertheless, the stocks have risen 16.07% over the past one year. While a 52-week high of $83.32 was reached on 01/22/25, a 52-week low of $53.13 was recorded on 01/29/25. SMA at 50 days reached $70.98, while 200 days put it at $69.46.
Levels Of Support And Resistance For CARR Stock
The 24-hour chart illustrates a support level at 64.92, which if violated will result in even more drops to 64.46. On the upside, there is a resistance level at 66.17. A further resistance level may holdings at 66.96. The Relative Strength Index (RSI) on the 14-day chart is 35.29, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.40%. Stochastics %K at 12.65% indicates the stock is a buying.
How much short interest is there in Carrier Global Corp?
A steep rise in short interest was recorded in Carrier Global Corp stocks on 2025-01-15, growing by 0.54 million shares to a total of 11.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 10.73 million shares. There was a rise of 4.77%, which implies that there is a positive sentiment for the stock.
