Silgan Holdings Inc’s recently made public that its Officer LEWIS ROBERT B acquired Company’s shares for reported $1.1 million on Feb 10 ’25. In the deal valued at $54.98 per share,20,000 shares were bought.
Then, ALLOTT ANTHONY J sold 98,394 shares, generating $5,304,421 in total proceeds. Upon selling the shares at $53.91, the Director now owns 456,812 shares.
Before that, ALLOTT ANTHONY J bought 98,394 shares. Silgan Holdings Inc shares valued at $5,424,461 were divested by the Director at a price of $55.13 per share.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to a Neutral from a an Underweight in a research note published on August 01, 2024; the price target was increased to $53 from $46. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Citigroup also remained covering SLGN and has decreased its forecast on January 03, 2024 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of SLGN
On Tuesday, Silgan Holdings Inc [NYSE:SLGN] saw its stock fall -0.62% to $52.97. Over the last five days, the stock has lost -3.27%. Silgan Holdings Inc shares have risen nearly 1.77% since the year began. Nevertheless, the stocks have risen 19.25% over the past one year. While a 52-week high of $58.14 was reached on 01/29/25, a 52-week low of $41.14 was recorded on 01/10/25. SMA at 50 days reached $53.62, while 200 days put it at $50.11.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 52.67, which if violated will result in even more drops to 52.38. On the upside, there is a resistance level at 53.28. A further resistance level may holdings at 53.60. The Relative Strength Index (RSI) on the 14-day chart is 45.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.75%. Stochastics %K at 22.01% indicates the stock is a holding.
How much short interest is there in Silgan Holdings Inc?
A steep rise in short interest was recorded in Silgan Holdings Inc stocks on 2025-01-15, growing by 0.87 million shares to a total of 3.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.25 million shares. There was a rise of 27.79%, which implies that there is a positive sentiment for the stock.
