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. Caterpillar Inc shares valued at $36,557 were purchased by Johnson Gerald on Feb 04 ’25. At $365.57 per share, Johnson Gerald acquired 100 shares. The insider’s holdings grew to 3,053 shares worth approximately $1.08 million following the completion of this transaction.
Also, BONFIELD ANDREW R J sold 10,000 shares, netting a total of over 3,800,900 in proceeds. Following the sale of shares at $380.09 each, the insider now holds 45,182 shares.
Before that, Johnson Gerald had added 100 shares to its account. In a trade valued at $39,857, the Director bought Caterpillar Inc shares for $398.57 each. Upon closing the transaction, the insider’s holdings increased to 100 shares, worth approximately $1.04 million.
As published in a research note from UBS on February 03, 2025, Caterpillar Inc [CAT] has been rated up from a Sell to a Neutral and the price target has been revised to $385 from $355. Analysts at Evercore ISI upgraded the stock from ‘”an Underperform”‘ to ‘”an In-line”‘ outlook in a report released in mid January. As of November 13, 2024, Evercore ISI has decreased its “an In-line” rating to a “an Underperform” for CAT. Earlier on October 14, 2024, Morgan Stanley downgraded its rating. Their new recommendation was “an Underweight” for CAT stock which previously was a “an Equal-weight”.
Analyzing CAT Stock Performance
During the last five days, there has been a drop of approximately -3.22%. Over the course of the year, Caterpillar Inc shares have dropped approximately -2.50%. Shares of the company reached a 52-week high of $409.59 on 01/23/25 and a 52-week low of $349.80 on 01/10/25. A 50-day SMA is recorded $375.62, while a 200-day SMA reached $361.57. Nevertheless, trading volume fell to 3.55 million shares from 2.83 million shares the previous day.
Support And Resistance Levels for Caterpillar Inc (CAT)
According to the 24-hour chart, there is a support level at 350.22, which, if violated, would cause prices to drop to 346.73. In the upper region, resistance lies at 357.39. The next price resistance is at 361.07. RSI (Relative Strength Index) is 36.35 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -13.14, which suggests the price will decrease in the coming days. Percent R is at 93.32%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
