Moelis & Co’s filing revealed that its Chief Operating Officer Pilcher Ciafone Katherine unloaded Company’s shares for reported $0.26 million on Feb 19 ’25. In the deal valued at $74.00 per share,3,515 shares were sold. As a result of this transaction, Pilcher Ciafone Katherine now holds 3,934 shares worth roughly $0.28 million.
Then, Cantor Eric sold 16,530 shares, generating $1,223,220 in total proceeds. Upon selling the shares at $74.00, the Vice Chairman, MD now owns 218,805 shares.
Before that, SIMON JOSEPH sold 5,758 shares. Moelis & Co shares valued at $426,092 were divested by the Chief Financial Officer at a price of $74.00 per share. As a result of the transaction, SIMON JOSEPH now holds 22,832 shares, worth roughly $1.63 million.
Keefe Bruyette upgraded its Moelis & Co [MC] rating to an Outperform from a a Mkt perform in a research note published on December 20, 2024; the price target was increased to $86 from $71. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in early December from “an Underweight” to “an Overweight”. Wells Fargo began covering MC with “an Equal weight” recommendation on September 12, 2024. Goldman revised its rating on March 13, 2024. It rated MC as “a Neutral” which previously was an “a Sell”.
Price Performance Review of MC
On Friday, Moelis & Co [NYSE:MC] saw its stock fall -3.11% to $71.27. Over the last five days, the stock has lost -5.93%. Moelis & Co shares have fallen nearly -3.53% since the year began. Nevertheless, the stocks have risen 28.72% over the past one year. While a 52-week high of $82.89 was reached on 02/06/25, a 52-week low of $46.24 was recorded on 02/21/25. SMA at 50 days reached $75.66, while 200 days put it at $67.19.
Levels Of Support And Resistance For MC Stock
The 24-hour chart illustrates a support level at 69.08, which if violated will result in even more drops to 66.88. On the upside, there is a resistance level at 73.60. A further resistance level may holdings at 75.92. The Relative Strength Index (RSI) on the 14-day chart is 35.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.94%. Stochastics %K at 18.48% indicates the stock is a buying.
