GE Aerospace’s recent filing unveils that its Senior Vice President GHAI RAHUL unloaded Company’s shares for reported $37672.0 on May 09 ’24. In the deal valued at $167.43 per share,225 shares were sold. As a result of this transaction, GHAI RAHUL now holds 0 shares worth roughly $ 0.0.
Then, GHAI RAHUL sold 37 shares, generating $6,045 in total proceeds. Upon selling the shares at $163.38, the Senior Vice President now owns 43,970 shares.
Before that, Giglietti Robert M. sold 15,735 shares. GE Aerospace shares valued at $2,817,522 were divested by the Vice President at a price of $179.06 per share. As a result of the transaction, Giglietti Robert M. now holds 6,448 shares, worth roughly $1.35 million.
Redburn Atlantic initiated its GE Aerospace [GE] rating to a Buy in a research note published on February 18, 2025; the price target was $250. A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in early January with a ‘”a Neutral”‘ rating. Bernstein also remained covering GE and reiterated its “an Outperform” recommendation on October 14, 2024. Bernstein started covering the stock on September 10, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Tuesday, GE Aerospace [NYSE:GE] saw its stock jump 0.87% to $210.08. Over the last five days, the stock has gained 2.37%. GE Aerospace shares have risen nearly 25.95% since the year began. Nevertheless, the stocks have risen 79.80% over the past one year. While a 52-week high of $211.42 was reached on 02/18/25, a 52-week low of $117.07 was recorded on 01/02/25. SMA at 50 days reached $183.60, while 200 days put it at $174.46.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 208.87, which if violated will result in even more drops to 207.66. On the upside, there is a resistance level at 211.74. A further resistance level may holdings at 213.40. The Relative Strength Index (RSI) on the 14-day chart is 73.23, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.13, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.24%. Stochastics %K at 85.22% indicates the stock is a selling.
