Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Schneider National Inc shares valued at $290,400 were sold by Devgun Shaleen on Dec 20 ’24. At $29.04 per share, Devgun Shaleen sold 10,000 shares. The insider’s holdings dropped to 95,191 shares worth approximately $2.58 million following the completion of this transaction.
Also, Shaleen Devgun purchased 10,000 shares, netting a total of over 290,000 in proceeds.
Before that, Reich Robert M JR had sold 6,250 shares from its account. In a trade valued at $198,036, the EVP – CAO traded Schneider National Inc shares for $31.69 each. Upon closing the transaction, the insider’s holdings decreased to 6,250 shares, worth approximately $4.21 million.
As published in a research note from TD Cowen on November 26, 2024, Schneider National Inc [SNDR] has been retained to a Buy and the price target has been revised to $34. Analysts at Citigroup downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in mid November. As of November 08, 2024, TD Cowen has reiterated its “Buy” rating for SNDR. Earlier on November 07, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for SNDR stock which previously was a “an Underperform”.
Analyzing SNDR Stock Performance
During the last five days, there has been a drop of approximately -4.61%. Over the course of the year, Schneider National Inc shares have dropped approximately -7.38%. Shares of the company reached a 52-week high of $31.19 on 01/23/25 and a 52-week low of $27.11 on 02/19/25. A 50-day SMA is recorded $29.58, while a 200-day SMA reached $27.12. Nevertheless, trading volume fell to 0.69 million shares from 0.89 million shares the previous day.
Support And Resistance Levels for Schneider National Inc (SNDR)
According to the 24-hour chart, there is a support level at 26.91, which, if violated, would cause prices to drop to 26.71. In the upper region, resistance lies at 27.52. The next price resistance is at 27.93. RSI (Relative Strength Index) is 30.98 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.19, which suggests the price will decrease in the coming days. Percent R is at 99.73%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
