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. Celestica, Inc shares valued at $8,435,794 were sold by Cooper Todd C on Feb 07 ’25. At $129.78 per share, Cooper Todd C sold 65,000 shares. The insider’s holdings dropped to 110,426 shares worth approximately $13.81 million following the completion of this transaction.
Also, Cooper Todd C purchased 65,540 shares, netting a total of over 8,665,800 in proceeds.
Before that, MIONIS ROBERT had sold 75,000 shares from its account. In a trade valued at $10,597,089, the President & CEO traded Celestica, Inc shares for $141.29 each. Upon closing the transaction, the insider’s holdings decreased to 75,000 shares, worth approximately $57.06 million.
Analysts at CIBC upgraded the stock from ‘”a Neutral”‘ to ‘”a Sector outperform”‘ outlook in a report released in late January. As of November 22, 2024, UBS has initiated its “Neutral” rating for CLS. Earlier on November 05, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for CLS stock.
Analyzing CLS Stock Performance
During the last five days, there has been a drop of approximately -3.33%. Over the course of the year, Celestica, Inc shares have jumped approximately 35.45%. Shares of the company reached a 52-week high of $144.27 on 02/05/25 and a 52-week low of $86.12 on 01/27/25. A 50-day SMA is recorded $108.72, while a 200-day SMA reached $71.19. Nevertheless, trading volume fell to 4.62 million shares from 2.84 million shares the previous day.
Support And Resistance Levels for Celestica, Inc (CLS)
According to the 24-hour chart, there is a support level at 120.59, which, if violated, would cause prices to drop to 116.16. In the upper region, resistance lies at 130.13. The next price resistance is at 135.24. RSI (Relative Strength Index) is 53.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.35, which suggests the price will decrease in the coming days. Percent R is at 54.58%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
