Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Curtiss-Wright Corp shares valued at $661,691 were sold by Ferdenzi Paul J on Feb 05 ’25. At $346.98 per share, Ferdenzi Paul J sold 1,907 shares. The insider’s holdings dropped to 18,405 shares worth approximately $6.22 million following the completion of this transaction.
Also, Watts John C sold 622 shares, netting a total of over 215,865 in proceeds. Following the sale of shares at $347.05 each, the insider now holds 5,072 shares.
Before that, Freda Robert F had sold 379 shares from its account. In a trade valued at $131,498, the Vice President and Treasurer traded Curtiss-Wright Corp shares for $346.96 each. Upon closing the transaction, the insider’s holdings decreased to 379 shares, worth approximately $1.58 million.
As published in their initiating research note from Citigroup on January 21, 2025, Curtiss-Wright Corp [CW] has been a Buy and the price target has been revised to $410. Analysts at Deutsche Bank started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of November 18, 2024, Stifel has decreased its “Buy” rating to a “Hold” for CW. Earlier on October 29, 2024, Alembic Global Advisors initiated its rating. Their recommendation was “an Overweight” for CW stock.
Analyzing CW Stock Performance
During the last five days, there has been a drop of approximately -3.53%. Over the course of the year, Curtiss-Wright Corp shares have dropped approximately -4.77%. Shares of the company reached a 52-week high of $385.59 on 01/22/25 and a 52-week low of $331.38 on 02/13/25. A 50-day SMA is recorded $358.93, while a 200-day SMA reached $320.23. Nevertheless, trading volume fell to 0.52 million shares from 0.3 million shares the previous day.
Support And Resistance Levels for Curtiss-Wright Corp (CW)
According to the 24-hour chart, there is a support level at 326.22, which, if violated, would cause prices to drop to 314.49. In the upper region, resistance lies at 354.84. The next price resistance is at 371.73. RSI (Relative Strength Index) is 37.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.25, which suggests the price will decrease in the coming days. Percent R is at 85.51%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
