Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. UDR Inc shares valued at $224,391 were purchased by ALCOCK HARRY G on Sep 04 ’24. At $44.88 per share, ALCOCK HARRY G acquired 5,000 shares.
Also, TOOMEY THOMAS W sold 90,000 shares, netting a total of over 3,556,476 in proceeds. Following the sale of shares at $39.52 each, the insider now holds 849,716 shares.
Before that, Lacy Michael D had sold 4,500 shares from its account. In a trade valued at $171,765, the SVP-Property Operations traded UDR Inc shares for $38.17 each. Upon closing the transaction, the insider’s holdings decreased to 4,500 shares, worth approximately $0.37 million.
As published in a research note from Jefferies on January 02, 2025, UDR Inc [UDR] has been rated down from a Buy to a Hold and the price target has been revised to $45 from $50. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of September 11, 2024, Exane BNP Paribas has initiated its “an Outperform” rating for UDR. Earlier on September 04, 2024, Goldman initiated its rating. Their recommendation was “a Sell” for UDR stock.
Analyzing UDR Stock Performance
During the last five days, there has been a surge of approximately 3.77%. Over the course of the year, UDR Inc shares have dropped approximately -0.97%. Shares of the company reached a 52-week high of $43.62 on 02/06/25 and a 52-week low of $39.83 on 01/10/25. A 50-day SMA is recorded $42.98, while a 200-day SMA reached $42.24. Nevertheless, trading volume fell to 2.54 million shares from 1.9 million shares the previous day.
Support And Resistance Levels for UDR Inc (UDR)
According to the 24-hour chart, there is a support level at 42.59, which, if violated, would cause prices to drop to 42.18. In the upper region, resistance lies at 43.51. The next price resistance is at 44.02. RSI (Relative Strength Index) is 59.06 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.91, which suggests the price will decrease in the coming days. Percent R is at 17.31%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
