Silgan Holdings Inc’s recently made public that its EVP, Corp. Dev. & Admin. LEWIS ROBERT B unloaded Company’s shares for reported $1.06 million on Feb 13 ’25. In the deal valued at $53.22 per share,20,000 shares were sold. As a result of this transaction, LEWIS ROBERT B now holds 152,133 shares worth roughly $ 8.24 million.
Then, LEWIS ROBERT B bought 20,000 shares, generating $1,099,600 in total proceeds.
Before that, ALLOTT ANTHONY J sold 98,394 shares. Silgan Holdings Inc shares valued at $5,304,421 were divested by the Director at a price of $53.91 per share. As a result of the transaction, ALLOTT ANTHONY J now holds 456,812 shares, worth roughly $24.75 million.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to a Neutral from a an Underweight in a research note published on August 01, 2024; the price target was increased to $53 from $46. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Citigroup also remained covering SLGN and has decreased its forecast on January 03, 2024 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of SLGN
On Tuesday, Silgan Holdings Inc [NYSE:SLGN] saw its stock jump 0.91% to $54.17. Over the last five days, the stock has gained 1.63%. Silgan Holdings Inc shares have risen nearly 4.07% since the year began. Nevertheless, the stocks have risen 22.39% over the past one year. While a 52-week high of $58.14 was reached on 01/29/25, a 52-week low of $41.14 was recorded on 01/10/25. SMA at 50 days reached $53.31, while 200 days put it at $50.24.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 53.39, which if violated will result in even more drops to 52.61. On the upside, there is a resistance level at 54.60. A further resistance level may holdings at 55.02. The Relative Strength Index (RSI) on the 14-day chart is 54.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.55%. Stochastics %K at 31.52% indicates the stock is a holding.
