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. Royal Gold, Inc shares valued at $204,675 were sold by Heissenbuttel William Holmes on Jan 15 ’25. At $136.45 per share, Heissenbuttel William Holmes sold 1,500 shares. The insider’s holdings dropped to 106,706 shares worth approximately $16.38 million following the completion of this transaction.
Also, Heissenbuttel William Holmes sold 1,500 shares, netting a total of over 219,114 in proceeds. Following the sale of shares at $146.08 each, the insider now holds 108,206 shares.
Before that, Libner Paul had sold 1,756 shares from its account. In a trade valued at $268,668, the SVP & CFO traded Royal Gold, Inc shares for $153.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,756 shares, worth approximately $2.84 million.
As published in a research note from Jefferies on January 07, 2025, Royal Gold, Inc [RGLD] has been rated up from a Hold to a Buy and the price target has been revised to $178 from $154. Analysts at BMO Capital Markets upgraded the stock from ‘”a Market perform”‘ to ‘”an Outperform”‘ outlook in a report released in late March. As of February 29, 2024, Jefferies has initiated its “Hold” rating for RGLD. Earlier on February 15, 2024, National Bank Financial upgraded its rating. Their new recommendation was “an Outperform” for RGLD stock which previously was a “a Sector perform”.
Analyzing RGLD Stock Performance
During the last five days, there has been a surge of approximately 5.89%. Over the course of the year, Royal Gold, Inc shares have jumped approximately 16.41%. Shares of the company reached a 52-week high of $155.58 on 02/13/25 and a 52-week low of $131.73 on 01/13/25. A 50-day SMA is recorded $140.51, while a 200-day SMA reached $137.33. Nevertheless, trading volume fell to 0.88 million shares from 0.47 million shares the previous day.
Support And Resistance Levels for Royal Gold, Inc (RGLD)
According to the 24-hour chart, there is a support level at 146.97, which, if violated, would cause prices to drop to 140.44. In the upper region, resistance lies at 157.80. The next price resistance is at 162.10. RSI (Relative Strength Index) is 72.35 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.24, which suggests the price will increase in the coming days. Percent R is at 10.50%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
