Terex Corp’s filing revealed that its Pres., Environmental Solutions CARROLL PATRICK S acquired Company’s shares for reported $2323.0 on Feb 07 ’25. In the deal valued at $44.67 per share,52 shares were bought. As a result of this transaction, CARROLL PATRICK S now holds 70,936 shares worth roughly $3.23 million.
Then, SACHS DAVID A bought 20,000 shares, generating $995,000 in total proceeds. Upon buying the shares at $49.75, the Director now owns 137,500 shares.
Before that, MEESTER SIMON sold 9,877 shares. Terex Corp shares valued at $505,110 were divested by the President and CEO at a price of $51.14 per share. As a result of the transaction, MEESTER SIMON now holds 127,858 shares, worth roughly $5.83 million.
Raymond James initiated its Terex Corp [TEX] rating to a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who began to cover the stock in late June with a ‘”a Neutral”‘ rating. JP Morgan also remained covering TEX and has decreased its forecast on March 18, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Truist started covering the stock on March 14, 2024. It rated TEX as “a Buy”.
Price Performance Review of TEX
On Tuesday, Terex Corp [NYSE:TEX] saw its stock jump 2.20% to $45.57. Over the last five days, the stock has lost -3.80%. Terex Corp shares have fallen nearly -1.41% since the year began. Nevertheless, the stocks have fallen -29.18% over the past one year. While a 52-week high of $68.08 was reached on 01/30/25, a 52-week low of $43.23 was recorded on 02/10/25. SMA at 50 days reached $48.01, while 200 days put it at $53.70.
Levels Of Support And Resistance For TEX Stock
The 24-hour chart illustrates a support level at 44.15, which if violated will result in even more drops to 42.74. On the upside, there is a resistance level at 46.36. A further resistance level may holdings at 47.16. The Relative Strength Index (RSI) on the 14-day chart is 43.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.67%. Stochastics %K at 22.12% indicates the stock is a holding.
How much short interest is there in Terex Corp?
A steep rise in short interest was recorded in Terex Corp stocks on 2025-01-15, dropping by -0.24 million shares to a total of 5.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 5.36 million shares. There was a decline of -4.71%, which implies that there is a negative sentiment for the stock.
