Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Camden Property Trust shares valued at $273,069 were purchased by Laurie Baker on Feb 19 ’25. At $118.31 per share, Laurie Baker acquired 2,308 shares.
Also, Baker Laurie sold 2,308 shares, netting a total of over 273,221 in proceeds. Following the sale of shares at $118.38 each, the insider now holds 78,558 shares.
Before that, CAMPO RICHARD J had sold 45,000 shares from its account. In a trade valued at $5,358,150, the Chairman and CEO traded Camden Property Trust shares for $119.07 each. Upon closing the transaction, the insider’s holdings decreased to 45,000 shares, worth approximately $30.7 million.
As published in their initiating research note from Barclays on December 17, 2024, Camden Property Trust [CPT] has been an Overweight and the price target has been revised to $138. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in mid December. As of November 13, 2024, Stifel has decreased its “Buy” rating to a “Hold” for CPT. Earlier on October 11, 2024, Jefferies initiated its rating. Their recommendation was “a Hold” for CPT stock.
Analyzing CPT Stock Performance
During the last five days, there has been a surge of approximately 2.06%. Over the course of the year, Camden Property Trust shares have jumped approximately 4.14%. Shares of the company reached a 52-week high of $121.50 on 02/20/25 and a 52-week low of $108.46 on 01/10/25. A 50-day SMA is recorded $115.67, while a 200-day SMA reached $115.83. Nevertheless, trading volume fell to 0.84 million shares from 1.01 million shares the previous day.
Support And Resistance Levels for Camden Property Trust (CPT)
According to the 24-hour chart, there is a support level at 118.91, which, if violated, would cause prices to drop to 116.98. In the upper region, resistance lies at 122.13. The next price resistance is at 123.43. RSI (Relative Strength Index) is 64.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.88, which suggests the price will increase in the coming days. Percent R is at 6.55%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
