Modine Manufacturing Co’s filing revealed that its EVP, CFO Lucareli Michael B unloaded Company’s shares for reported $1.75 million on Feb 10 ’25. In the deal valued at $100.00 per share,17,541 shares were sold. As a result of this transaction, Lucareli Michael B now holds 132,531 shares worth roughly $11.05 million.
Then, Lucareli Michael B sold 27,500 shares, generating $2,819,380 in total proceeds. Upon selling the shares at $102.52, the EVP, CFO now owns 135,031 shares.
Before that, Lucareli Michael B sold 2,500 shares. Modine Manufacturing Co shares valued at $250,000 were divested by the EVP, CFO at a price of $100.00 per share. As a result of the transaction, Lucareli Michael B now holds 132,531 shares, worth roughly $11.05 million.
B. Riley Securities reiterated its Modine Manufacturing Co [MOD] rating to a Buy in a research note published on August 01, 2024; the price target was $140. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late July with a ‘”an Outperform”‘ rating. Oppenheimer began covering MOD with “an Outperform” recommendation on March 19, 2024.
Price Performance Review of MOD
On Friday, Modine Manufacturing Co [NYSE:MOD] saw its stock fall -3.29% to $83.36. Over the last five days, the stock has lost -10.06%. Modine Manufacturing Co shares have fallen nearly -28.09% since the year began. Nevertheless, the stocks have risen 7.51% over the past one year. While a 52-week high of $146.84 was reached on 01/22/25, a 52-week low of $78.58 was recorded on 02/24/25. SMA at 50 days reached $113.58, while 200 days put it at $113.94.
Levels Of Support And Resistance For MOD Stock
The 24-hour chart illustrates a support level at 80.09, which if violated will result in even more drops to 76.82. On the upside, there is a resistance level at 86.81. A further resistance level may holdings at 90.26. The Relative Strength Index (RSI) on the 14-day chart is 31.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.34%. Stochastics %K at 17.89% indicates the stock is a buying.
The most recent change occurred on June 07, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
