Caterpillar Inc’s recently made public that its Director Johnson Gerald acquired Company’s shares for reported $36557.0 on Feb 04 ’25. In the deal valued at $365.57 per share,100 shares were bought. As a result of this transaction, Johnson Gerald now holds 3,053 shares worth roughly $ 1.08 million.
Then, BONFIELD ANDREW R J sold 10,000 shares, generating $3,800,900 in total proceeds. Upon selling the shares at $380.09, the Chief Financial Officer now owns 45,182 shares.
Before that, Johnson Gerald bought 100 shares. Caterpillar Inc shares valued at $39,857 were divested by the Director at a price of $398.57 per share. As a result of the transaction, Johnson Gerald now holds 2,953 shares, worth roughly $1.04 million.
UBS upgraded its Caterpillar Inc [CAT] rating to a Neutral from a a Sell in a research note published on February 03, 2025; the price target was increased to $385 from $355. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid January from “an Underperform” to “an In-line”. Evercore ISI also remained covering CAT and has decreased its forecast on November 13, 2024 with a “an Underperform” recommendation from previously “an In-line” rating. Morgan Stanley revised its rating on October 14, 2024. It rated CAT as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of CAT
On Friday, Caterpillar Inc [NYSE:CAT] saw its stock fall -0.11% to $353.32. Over the last five days, the stock has lost -2.90%. Caterpillar Inc shares have fallen nearly -2.60% since the year began. Nevertheless, the stocks have risen 12.94% over the past one year. While a 52-week high of $418.50 was reached on 01/23/25, a 52-week low of $307.05 was recorded on 01/10/25. SMA at 50 days reached $374.64, while 200 days put it at $361.59.
Levels Of Support And Resistance For CAT Stock
The 24-hour chart illustrates a support level at 351.12, which if violated will result in even more drops to 348.92. On the upside, there is a resistance level at 357.20. A further resistance level may holdings at 361.07. The Relative Strength Index (RSI) on the 14-day chart is 36.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -13.13, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.07%. Stochastics %K at 4.55% indicates the stock is a buying.
How much short interest is there in Caterpillar Inc?
A steep rise in short interest was recorded in Caterpillar Inc stocks on 2025-01-31, dropping by -0.96 million shares to a total of 8.09 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 9.05 million shares. There was a decline of -11.82%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 28, 2024 when Raymond James began covering the stock and recommended ‘”a Mkt perform”‘ rating .
