Calumet Inc’s recent filing unveils that its Director Straumins Jennifer unloaded Company’s shares for reported $0.81 million on Dec 18 ’24. In the deal valued at $21.42 per share,37,861 shares were sold. As a result of this transaction, Straumins Jennifer now holds 1,184,589 shares worth roughly $ 19.05 million.
Then, Straumins Jennifer bought 50,000 shares, generating $1,075,000 in total proceeds.
Before that, Sajkowski Daniel J sold 3,569 shares. Calumet Inc shares valued at $75,377 were divested by the Director at a price of $21.12 per share. As a result of the transaction, Sajkowski Daniel J now holds 161,959 shares, worth roughly $2.6 million.
UBS downgraded its Calumet Inc [CLMT] rating to a Sell from a a Neutral in a research note published on February 04, 2025; the price target was decreased to $15 from $20.50. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering CLMT and reiterated its “Buy” recommendation on October 17, 2024. TD Cowen maintained its rating on August 12, 2024. It rated CLMT as “a Buy”.
Price Performance Review of CLMT
On Tuesday, Calumet Inc [NASDAQ:CLMT] saw its stock fall -2.96% to $16.08. Over the last five days, the stock has lost -0.50%. Calumet Inc shares have fallen nearly -26.98% since the year began. Nevertheless, the stocks have fallen -6.84% over the past one year. While a 52-week high of $25.29 was reached on 01/06/25, a 52-week low of $9.97 was recorded on 01/28/25. SMA at 50 days reached $19.27, while 200 days put it at $17.93.
Levels Of Support And Resistance For CLMT Stock
The 24-hour chart illustrates a support level at 15.67, which if violated will result in even more drops to 15.27. On the upside, there is a resistance level at 16.66. A further resistance level may holdings at 17.25. The Relative Strength Index (RSI) on the 14-day chart is 41.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.51%. Stochastics %K at 37.20% indicates the stock is a holding.
