Morgan Stanley’s filing revealed that its Chief Client Officer CRAWLEY MANDELL unloaded Company’s shares for reported $1.15 million on Jan 22 ’25. In the deal valued at $138.06 per share,8,312 shares were sold. As a result of this transaction, CRAWLEY MANDELL now holds 55,249 shares worth roughly $7.56 million.
Then, GROSSMAN ERIC F sold 13,097 shares, generating $1,783,754 in total proceeds. Upon selling the shares at $136.20, the Chief Legal/Admin Officer now owns 197,444 shares.
Before that, SIMKOWITZ DANIEL A sold 36,631 shares. Morgan Stanley shares valued at $5,004,069 were divested by the Co-President at a price of $136.61 per share. As a result of the transaction, SIMKOWITZ DANIEL A now holds 423,729 shares, worth roughly $57.95 million.
HSBC Securities downgraded its Morgan Stanley [MS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid November from “an Underweight” to “an Equal weight”. HSBC Securities also remained covering MS and has increased its forecast on October 04, 2024 with a “Buy” recommendation from previously “Hold” rating. Goldman revised its rating on September 11, 2024. It rated MS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MS
On Tuesday, Morgan Stanley [NYSE:MS] saw its stock fall -0.28% to $136.77. Over the last five days, the stock has lost -1.28%. Morgan Stanley shares have risen nearly 8.79% since the year began. Nevertheless, the stocks have risen 57.53% over the past one year. While a 52-week high of $141.48 was reached on 01/29/25, a 52-week low of $83.09 was recorded on 01/13/25. SMA at 50 days reached $130.48, while 200 days put it at $110.34.
Levels Of Support And Resistance For MS Stock
The 24-hour chart illustrates a support level at 136.08, which if violated will result in even more drops to 135.39. On the upside, there is a resistance level at 137.67. A further resistance level may holdings at 138.57. The Relative Strength Index (RSI) on the 14-day chart is 58.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.18%. Stochastics %K at 74.50% indicates the stock is a holding.
How much short interest is there in Morgan Stanley?
A steep rise in short interest was recorded in Morgan Stanley stocks on 2024-12-31, dropping by -1.55 million shares to a total of 13.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 15.33 million shares. There was a decline of -11.28%, which implies that there is a negative sentiment for the stock.
