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Keeping an Eye on Granite Construction Inc (GVA) After Insider Trading Activity

Granite Construction Inc’s recent filing unveils that its Executive Vice President & COO Radich James A unloaded Company’s shares for reported $0.22 million on Feb 20 ’25. In the deal valued at $87.14 per share,2,500 shares were sold. As a result of this transaction, Radich James A now holds 28,256 shares worth roughly $2.32 million.

Then, Radich James A bought 2,500 shares, generating $217,850 in total proceeds.

Before that, Mastin Celeste Beeks sold 5,435 shares. Granite Construction Inc shares valued at $529,586 were divested by the Director at a price of $97.44 per share. As a result of the transaction, Mastin Celeste Beeks now holds 16,579 shares, worth roughly $1.36 million.

DA Davidson upgraded its Granite Construction Inc [GVA] rating to a Buy from a a Neutral in a research note published on April 15, 2021; the price target was increased to $55 from $35. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “a Sell”. DA Davidson also remained covering GVA and has decreased its forecast on October 28, 2019 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on August 08, 2019. It rated GVA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of GVA

On Friday, Granite Construction Inc [NYSE:GVA] saw its stock fall -2.80% to $82.20. Over the last five days, the stock has lost -5.71%. Granite Construction Inc shares have fallen nearly -6.28% since the year began. Nevertheless, the stocks have risen 64.24% over the past one year. While a 52-week high of $105.20 was reached on 01/22/25, a 52-week low of $48.11 was recorded on 02/21/25. SMA at 50 days reached $89.67, while 200 days put it at $78.12.

Levels Of Support And Resistance For GVA Stock

The 24-hour chart illustrates a support level at 80.48, which if violated will result in even more drops to 78.76. On the upside, there is a resistance level at 84.96. A further resistance level may holdings at 87.72. The Relative Strength Index (RSI) on the 14-day chart is 32.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.83%. Stochastics %K at 21.25% indicates the stock is a holding.

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