Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Granite Construction Inc shares valued at $217,850 were sold by Radich James A on Feb 20 ’25. At $87.14 per share, Radich James A sold 2,500 shares. The insider’s holdings dropped to 28,256 shares worth approximately $2.32 million following the completion of this transaction.
Also, Radich James A purchased 2,500 shares, netting a total of over 217,850 in proceeds.
Before that, Mastin Celeste Beeks had sold 5,435 shares from its account. In a trade valued at $529,586, the Director traded Granite Construction Inc shares for $97.44 each. Upon closing the transaction, the insider’s holdings decreased to 5,435 shares, worth approximately $1.36 million.
As published in a research note from DA Davidson on April 15, 2021, Granite Construction Inc [GVA] has been rated up from a Neutral to a Buy and the price target has been revised to $55 from $35. Analysts at Goldman downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in mid January. As of October 28, 2019, DA Davidson has decreased its “Buy” rating to a “Neutral” for GVA. Earlier on August 08, 2019, Goldman downgraded its rating. Their new recommendation was “a Neutral” for GVA stock which previously was a “a Buy”.
Analyzing GVA Stock Performance
During the last five days, there has been a drop of approximately -5.37%. Over the course of the year, Granite Construction Inc shares have dropped approximately -6.32%. Shares of the company reached a 52-week high of $96.93 on 01/22/25 and a 52-week low of $80.39 on 02/25/25. A 50-day SMA is recorded $88.81, while a 200-day SMA reached $78.44. Nevertheless, trading volume fell to 0.73 million shares from 0.6 million shares the previous day.
Support And Resistance Levels for Granite Construction Inc (GVA)
According to the 24-hour chart, there is a support level at 81.24, which, if violated, would cause prices to drop to 80.31. In the upper region, resistance lies at 83.93. The next price resistance is at 85.69. RSI (Relative Strength Index) is 33.68 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.99, which suggests the price will decrease in the coming days. Percent R is at 83.22%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
