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A company insider recently sold 26,560 shares of Corteva Inc [CTVA]. Should You also Consider to Sale?

In a filing, Corteva Inc revealed its insider TITUS BRIAN unloaded Company’s shares for reported $1.69 million on Feb 20 ’25. In the deal valued at $63.74 per share,26,560 shares were sold. As a result of this transaction, TITUS BRIAN now holds 11,347 shares worth roughly $0.71 million.

Then, Magro Charles V. sold 46,905 shares, generating $2,993,477 in total proceeds. Upon selling the shares at $63.82, the Chief Executive Officer now owns 231,896 shares.

Before that, TITUS BRIAN bought 26,560 shares. Corteva Inc shares valued at $1,689,216 were divested by the Officer at a price of $63.60 per share.

Citigroup initiated its Corteva Inc [CTVA] rating to a Buy in a research note published on October 23, 2024; the price target was $68. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid October from “a Neutral” to “a Buy”. Argus also remained covering CTVA and has decreased its forecast on August 07, 2024 with a “Hold” recommendation from previously “Buy” rating. JP Morgan revised its rating on April 12, 2024. It rated CTVA as “a Neutral” which previously was an “an Overweight”.

Price Performance Review of CTVA

On Friday, Corteva Inc [NYSE:CTVA] saw its stock fall -0.24% to $62.61. Over the last five days, the stock has lost -2.11%. Corteva Inc shares have risen nearly 9.92% since the year began. Nevertheless, the stocks have risen 15.47% over the past one year. While a 52-week high of $66.24 was reached on 01/30/25, a 52-week low of $50.01 was recorded on 01/10/25. SMA at 50 days reached $60.87, while 200 days put it at $57.38.

Levels Of Support And Resistance For CTVA Stock

The 24-hour chart illustrates a support level at 62.29, which if violated will result in even more drops to 61.97. On the upside, there is a resistance level at 63.16. A further resistance level may holdings at 63.71. The Relative Strength Index (RSI) on the 14-day chart is 49.31, 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 low at 66.06%. Stochastics %K at 42.14% indicates the stock is a holding.

The most recent change occurred on March 01, 2024 when Wolfe Research began covering the stock and recommended ‘”an Outperform”‘ rating along with a $67 price target.

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