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. Stanley Black & Decker Inc shares valued at $169,630 were sold by Link Janet on Feb 07 ’25. At $85.24 per share, Link Janet sold 1,990 shares. The insider’s holdings dropped to 9,862 shares worth approximately $0.87 million following the completion of this transaction.
Also, Link Janet purchased 1,990 shares, netting a total of over 169,630 in proceeds.
Before that, Link Janet had sold 13,520 shares from its account. In a trade valued at $1,404,847, the SVP, General Counsel & Sec’y traded Stanley Black & Decker Inc shares for $103.91 each. Upon closing the transaction, the insider’s holdings decreased to 13,520 shares, worth approximately $2.82 million.
As published in their initiating research note from Jefferies on February 19, 2025, Stanley Black & Decker Inc [SWK] has been a Buy and the price target has been revised to $103. Analysts at Mizuho upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in mid December. As of September 06, 2024, Morgan Stanley has initiated its “an Equal-weight” rating for SWK. Earlier on June 04, 2024, Barclays downgraded its rating. Their new recommendation was “an Equal weight” for SWK stock which previously was a “an Overweight”.
Analyzing SWK Stock Performance
During the last five days, there has been a surge of approximately 1.15%. Over the course of the year, Stanley Black & Decker Inc shares have jumped approximately 9.96%. Shares of the company reached a 52-week high of $91.06 on 01/28/25 and a 52-week low of $79.38 on 01/03/25. A 50-day SMA is recorded $84.24, while a 200-day SMA reached $91.20. Nevertheless, trading volume fell to 1.26 million shares from 0.99 million shares the previous day.
Support And Resistance Levels for Stanley Black & Decker Inc (SWK)
According to the 24-hour chart, there is a support level at 87.21, which, if violated, would cause prices to drop to 86.12. In the upper region, resistance lies at 88.90. The next price resistance is at 89.50. RSI (Relative Strength Index) is 57.17 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.66, which suggests the price will decrease in the coming days. Percent R is at 22.59%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
