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. Moody’s Corp shares valued at $138,932 were sold by Fauber Robert on Feb 03 ’25. At $494.42 per share, Fauber Robert sold 281 shares. The insider’s holdings dropped to 61,894 shares worth approximately $31.12 million following the completion of this transaction.
Also, Fauber Robert purchased 281 shares, netting a total of over 138,932 in proceeds.
Before that, Fauber Robert had sold 281 shares from its account. In a trade valued at $133,087, the President and CEO traded Moody’s Corp shares for $473.62 each. Upon closing the transaction, the insider’s holdings decreased to 281 shares, worth approximately $31.12 million.
As published in their initiating research note from Citigroup on December 20, 2024, Moody’s Corp [MCO] has been a Buy and the price target has been revised to $565. Analysts at Evercore ISI started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of September 23, 2024, Raymond James has decreased its “Mkt perform” rating to a “an Underperform” for MCO. Earlier on August 13, 2024, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for MCO stock.
Analyzing MCO Stock Performance
During the last five days, there has been a surge of approximately 0.73%. Over the course of the year, Moody’s Corp shares have jumped approximately 6.23%. Shares of the company reached a 52-week high of $505.77 on 01/31/25 and a 52-week low of $449.45 on 01/10/25. A 50-day SMA is recorded $484.36, while a 200-day SMA reached $455.36. Nevertheless, trading volume fell to 1.62 million shares from 0.85 million shares the previous day.
Support And Resistance Levels for Moody’s Corp (MCO)
According to the 24-hour chart, there is a support level at 497.62, which, if violated, would cause prices to drop to 492.40. In the upper region, resistance lies at 506.48. The next price resistance is at 510.12. RSI (Relative Strength Index) is 63.12 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.32, which suggests the price will increase in the coming days. Percent R is at 9.64%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
