In a filing, Silgan Holdings Inc revealed its Officer Greenlee Adam J acquired Company’s shares for reported $6.8 million on Feb 24 ’25. In the deal valued at $54.40 per share,125,000 shares were bought.
Then, LEWIS ROBERT B sold 20,000 shares, generating $1,064,334 in total proceeds. Upon selling the shares at $53.22, the EVP, Corp. Dev. & Admin. now owns 152,133 shares.
Before that, LEWIS ROBERT B bought 20,000 shares. Silgan Holdings Inc shares valued at $1,099,600 were divested by the Officer at a price of $54.98 per share.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to a Neutral from a an Underweight in a research note published on August 01, 2024; the price target was increased to $53 from $46. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early July from “a Neutral” to “a Buy”. Citigroup also remained covering SLGN and has decreased its forecast on January 03, 2024 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of SLGN
On Tuesday, Silgan Holdings Inc [NYSE:SLGN] saw its stock jump 1.10% to $55.12. Over the last five days, the stock has gained 1.75%. Silgan Holdings Inc shares have risen nearly 5.90% since the year began. Nevertheless, the stocks have risen 23.50% over the past one year. While a 52-week high of $58.14 was reached on 01/29/25, a 52-week low of $41.14 was recorded on 01/10/25. SMA at 50 days reached $53.21, while 200 days put it at $50.46.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 54.58, which if violated will result in even more drops to 54.04. On the upside, there is a resistance level at 55.59. A further resistance level may holdings at 56.06. The Relative Strength Index (RSI) on the 14-day chart is 58.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.61, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 18.21%. Stochastics %K at 69.84% indicates the stock is a holding.
