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. Moelis & Co shares valued at $418,914 were purchased by OSAMU R WATANABE on Feb 19 ’25. At $74.00 per share, OSAMU R WATANABE acquired 5,661 shares.
Also, JEFFREY RAICH purchased 8,722 shares, netting a total of over 645,428 in proceeds.
Before that, KATE CIAFONE had added 3,515 shares to its account. In a trade valued at $260,110, the Officer bought Moelis & Co shares for $74.00 each.
As published in a research note from Keefe Bruyette on December 20, 2024, Moelis & Co [MC] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $86 from $71. Analysts at Morgan Stanley upgraded the stock from ‘”an Underweight”‘ to ‘”an Overweight”‘ outlook in a report released in early December. As of September 12, 2024, Wells Fargo has initiated its “an Equal weight” rating for MC. Earlier on March 13, 2024, Goldman upgraded its rating. Their new recommendation was “a Neutral” for MC stock which previously was a “a Sell”.
Analyzing MC Stock Performance
During the last five days, there has been a surge of approximately 0.23%. Over the course of the year, Moelis & Co shares have jumped approximately 5.24%. Shares of the company reached a 52-week high of $82.89 on 02/06/25 and a 52-week low of $69.70 on 01/13/25. A 50-day SMA is recorded $75.79, while a 200-day SMA reached $66.99. Nevertheless, trading volume fell to 0.67 million shares from 0.54 million shares the previous day.
Support And Resistance Levels for Moelis & Co (MC)
According to the 24-hour chart, there is a support level at 76.36, which, if violated, would cause prices to drop to 74.98. In the upper region, resistance lies at 78.85. The next price resistance is at 79.96. RSI (Relative Strength Index) is 53.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 62.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
