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Keeping an Eye on Ryder System, Inc (R) After Insider Trading Activity

Ryder System, Inc’s recently made public that its EVP & CIO Ravindran Rajeev unloaded Company’s shares for reported $0.22 million on Feb 18 ’25. In the deal valued at $170.80 per share,1,294 shares were sold. As a result of this transaction, Ravindran Rajeev now holds 16,572 shares worth roughly $2.73 million.

Then, RAJEEV RAVINDRAN bought 1,294 shares, generating $221,027 in total proceeds.

Before that, Fatovic Robert D sold 12,500 shares. Ryder System, Inc shares valued at $2,113,817 were divested by the EVP, CLO & Corp. Secretary at a price of $169.11 per share. As a result of the transaction, Fatovic Robert D now holds 66,512 shares, worth roughly $10.97 million.

Morgan Stanley initiated its Ryder System, Inc [R] rating to an Overweight in a research note published on June 24, 2024; the price target was $165. A number of analysts have revised their coverage, including Vertical Research’s analysts, who increased its forecast for the stock in mid June from “a Hold” to “a Buy”. Vertical Research also remained covering R and has decreased its forecast on January 10, 2024 with a “Hold” recommendation from previously “Buy” rating. Wolfe Research revised its rating on October 04, 2023. It rated R as “a Peer perform” which previously was an “an Outperform”.

Price Performance Review of R

On Friday, Ryder System, Inc [NYSE:R] saw its stock fall -0.67% to $164.95. Over the last five days, the stock has gained 2.41%. Ryder System, Inc shares have risen nearly 5.16% since the year began. Nevertheless, the stocks have risen 51.75% over the past one year. While a 52-week high of $171.78 was reached on 02/18/25, a 52-week low of $106.88 was recorded on 01/10/25. SMA at 50 days reached $160.93, while 200 days put it at $144.07.

Levels Of Support And Resistance For R Stock

The 24-hour chart illustrates a support level at 163.12, which if violated will result in even more drops to 161.29. On the upside, there is a resistance level at 166.78. A further resistance level may holdings at 168.61. The Relative Strength Index (RSI) on the 14-day chart is 54.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 37.33%. Stochastics %K at 70.20% indicates the stock is a holding.

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