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Investing in Trimble Inc (TRMB): What You Must Know

Trimble Inc’s recent filing unveils that its Director Dalton James Calvin acquired Company’s shares for reported $0.15 million on Feb 24 ’25. In the deal valued at $71.79 per share,2,141 shares were bought.

Then, Allison Jennifer sold 3,571 shares, generating $266,934 in total proceeds. Upon selling the shares at $74.75, the Corporate VP, General Counsel now owns 3,157 shares.

Before that, Allison Jennifer bought 3,571 shares. Trimble Inc shares valued at $266,935 were divested by the Officer at a price of $74.75 per share.

CFRA upgraded its Trimble Inc [TRMB] rating to a Strong buy from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in mid December from “a Peer perform” to “an Outperform”. JP Morgan also remained covering TRMB and has increased its forecast on December 04, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Piper Sandler revised its rating on February 13, 2024. It rated TRMB as “an Overweight” which previously was an “a Neutral”.

Price Performance Review of TRMB

On Tuesday, Trimble Inc [NASDAQ:TRMB] saw its stock jump 0.61% to $71.36. Over the last five days, the stock has lost -5.03%. Trimble Inc shares have risen nearly 0.99% since the year began. Nevertheless, the stocks have risen 16.22% over the past one year. While a 52-week high of $77.78 was reached on 01/24/25, a 52-week low of $48.65 was recorded on 01/13/25. SMA at 50 days reached $73.31, while 200 days put it at $62.99.

Levels Of Support And Resistance For TRMB Stock

The 24-hour chart illustrates a support level at 70.76, which if violated will result in even more drops to 70.17. On the upside, there is a resistance level at 72.07. A further resistance level may holdings at 72.79. The Relative Strength Index (RSI) on the 14-day chart is 39.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.63%. Stochastics %K at 14.28% indicates the stock is a buying.

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