Cal-Maine Foods, Inc’s filing revealed that its Director Poole James E unloaded Company’s shares for reported $99963.0 on Jan 14 ’25. In the deal valued at $109.97 per share,909 shares were sold. As a result of this transaction, Poole James E now holds 9,261 shares worth roughly $1.0 million.
Then, Sanders Steve W sold 750 shares, generating $82,478 in total proceeds. Upon selling the shares at $109.97, the Director now owns 25,420 shares.
Before that, Young Camille S sold 909 shares. Cal-Maine Foods, Inc shares valued at $99,963 were divested by the Director at a price of $109.97 per share. As a result of the transaction, Young Camille S now holds 7,639 shares, worth roughly $0.82 million.
A number of analysts have revised their coverage, including Stephens’s analysts, who decreased its forecast for the stock in late April from “an Overweight” to “an Equal-weight”. Consumer Edge Research also remained covering CALM and has increased its forecast on March 30, 2022 with a “an Overweight” recommendation from previously “an Equal weight” rating. BofA Securities revised its rating on May 26, 2021. It rated CALM as “an Underperform” which previously was an “a Buy”.
Price Performance Review of CALM
On Tuesday, Cal-Maine Foods, Inc [NASDAQ:CALM] saw its stock jump 0.88% to $107.64. Over the last five days, the stock has lost -3.21%. Cal-Maine Foods, Inc shares have risen nearly 4.59% since the year began. Nevertheless, the stocks have risen 91.87% over the past one year. While a 52-week high of $116.41 was reached on 01/21/25, a 52-week low of $54.53 was recorded on 01/10/25. SMA at 50 days reached $104.59, while 200 days put it at $79.04.
Levels Of Support And Resistance For CALM Stock
The 24-hour chart illustrates a support level at 106.11, which if violated will result in even more drops to 104.58. On the upside, there is a resistance level at 109.25. A further resistance level may holdings at 110.86. The Relative Strength Index (RSI) on the 14-day chart is 49.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.91%. Stochastics %K at 34.43% indicates the stock is a holding.
How much short interest is there in Cal-Maine Foods, Inc?
A steep rise in short interest was recorded in Cal-Maine Foods, Inc stocks on 2024-12-13, growing by 0.42 million shares to a total of 3.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 2.88 million shares. There was a rise of 12.74%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 28, 2020 when BofA Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $47 price target.
