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. TE Connectivity plc shares valued at $154,660 were sold by Wright Laura on Feb 18 ’25. At $154.66 per share, Wright Laura sold 1,000 shares. The insider’s holdings dropped to 16,684 shares worth approximately $2.6 million following the completion of this transaction.
Also, Laura Wright purchased 1,000 shares, netting a total of over 152,770 in proceeds.
Before that, Kroeger Shadrak W had added 3,889 shares to its account. In a trade valued at $587,706, the Officer bought TE Connectivity plc shares for $151.12 each.
As published in a research note from HSBC Securities on January 23, 2025, TE Connectivity plc [TEL] has been rated up from a Reduce to a Hold and the price target has been revised to $166. Analysts at HSBC Securities downgraded the stock from ‘”a Hold”‘ to ‘”a Reduce”‘ outlook in a report released in late October. As of September 05, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for TEL. Earlier on July 24, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Hold” for TEL stock which previously was a “a Buy”.
Analyzing TEL Stock Performance
During the last five days, there has been a surge of approximately 6.34%. Over the course of the year, TE Connectivity plc shares have jumped approximately 8.96%. Shares of the company reached a 52-week high of $156.98 on 01/23/25 and a 52-week low of $138.24 on 01/13/25. A 50-day SMA is recorded $147.60, while a 200-day SMA reached $149.04. Nevertheless, trading volume fell to 1.53 million shares from 1.52 million shares the previous day.
Support And Resistance Levels for TE Connectivity plc (TEL)
According to the 24-hour chart, there is a support level at 154.04, which, if violated, would cause prices to drop to 152.30. In the upper region, resistance lies at 156.68. The next price resistance is at 157.57. RSI (Relative Strength Index) is 63.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.80, which suggests the price will increase in the coming days. Percent R is at 7.64%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
