GE Aerospace’s filing revealed that its Officer Russell Stokes acquired Company’s shares for reported $2.47 million on Feb 21 ’25. In the deal valued at $208.74 per share,11,841 shares were bought.
Then, GHAI RAHUL sold 225 shares, generating $37,672 in total proceeds. Upon selling the shares at $167.43, the Senior Vice President now owns 0 shares.
Before that, GHAI RAHUL sold 37 shares. GE Aerospace shares valued at $6,045 were divested by the Senior Vice President at a price of $163.38 per share. As a result of the transaction, GHAI RAHUL now holds 43,970 shares, worth roughly $8.79 million.
Redburn Atlantic initiated its GE Aerospace [GE] rating to a Buy in a research note published on February 18, 2025; the price target was $250. A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in early January with a ‘”a Neutral”‘ rating. Bernstein also remained covering GE and reiterated its “an Outperform” recommendation on October 14, 2024. Bernstein started covering the stock on September 10, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Friday, GE Aerospace [NYSE:GE] saw its stock fall -4.27% to $199.83. Over the last five days, the stock has lost -4.09%. GE Aerospace shares have risen nearly 19.81% since the year began. Nevertheless, the stocks have risen 68.59% over the past one year. While a 52-week high of $212.19 was reached on 02/18/25, a 52-week low of $117.76 was recorded on 01/02/25. SMA at 50 days reached $185.36, while 200 days put it at $175.12.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 195.81, which if violated will result in even more drops to 191.78. On the upside, there is a resistance level at 206.49. A further resistance level may holdings at 213.14. The Relative Strength Index (RSI) on the 14-day chart is 50.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.89%. Stochastics %K at 57.06% indicates the stock is a holding.
