The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Celestica, Inc shares valued at $900,895 were purchased by Agrawal Alok K. on Feb 05 ’25. At $131.98 per share, Agrawal Alok K. acquired 6,826 shares.
Also, Etienvre Yann L sold 83,179 shares, netting a total of over 10,171,128 in proceeds. Following the sale of shares at $122.28 each, the insider now holds 0 shares.
Before that, Cooper Todd C had sold 91,490 shares from its account. In a trade valued at $11,187,397, the President traded Celestica, Inc shares for $122.28 each. Upon closing the transaction, the insider’s holdings decreased to 91,490 shares, worth approximately $25.2 million.
Analysts at CIBC upgraded the stock from ‘”a Neutral”‘ to ‘”a Sector outperform”‘ outlook in a report released in late January. As of November 22, 2024, UBS has initiated its “Neutral” rating for CLS. Earlier on November 05, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for CLS stock.
Analyzing CLS Stock Performance
During the last five days, there has been a surge of approximately 42.97%. Over the course of the year, Celestica, Inc shares have jumped approximately 55.66%. Shares of the company reached a 52-week high of $144.27 on 02/05/25 and a 52-week low of $86.12 on 01/27/25. A 50-day SMA is recorded $100.27, while a 200-day SMA reached $66.86. Nevertheless, trading volume fell to 8.04 million shares from 5.38 million shares the previous day.
Support And Resistance Levels for Celestica, Inc (CLS)
According to the 24-hour chart, there is a support level at 135.86, which, if violated, would cause prices to drop to 128.05. In the upper region, resistance lies at 147.88. The next price resistance is at 152.08. RSI (Relative Strength Index) is 69.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 16.00, which suggests the price will increase in the coming days. Percent R is at 1.03%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
