The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Masco Corp shares valued at $1,658,768 were purchased by Allman Keith J. on Feb 26 ’25. At $76.36 per share, Allman Keith J. acquired 21,723 shares.
Also, Stevens Charles K. III sold 3,150 shares, netting a total of over 254,731 in proceeds. Following the sale of shares at $80.87 each, the insider now holds 12,540 shares.
Before that, Straber Renee had sold 42,150 shares from its account. In a trade valued at $3,394,925, the VP – Chief HR Officer traded Masco Corp shares for $80.54 each. Upon closing the transaction, the insider’s holdings decreased to 42,150 shares, worth approximately $2.57 million.
As published in a research note from Oppenheimer on January 10, 2025, Masco Corp [MAS] has been rated up from a Perform to an Outperform and the price target has been revised to $89. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. As of December 16, 2024, Jefferies has decreased its “Buy” rating to a “Hold” for MAS. Earlier on October 30, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for MAS stock which previously was a “an Outperform”.
Analyzing MAS Stock Performance
During the last five days, there has been a drop of approximately -0.82%. Over the course of the year, Masco Corp shares have jumped approximately 4.77%. Shares of the company reached a 52-week high of $82.18 on 01/27/25 and a 52-week low of $71.01 on 01/08/25. A 50-day SMA is recorded $76.30, while a 200-day SMA reached $76.10. Nevertheless, trading volume fell to 1.51 million shares from 1.5 million shares the previous day.
Support And Resistance Levels for Masco Corp (MAS)
According to the 24-hour chart, there is a support level at 75.68, which, if violated, would cause prices to drop to 75.33. In the upper region, resistance lies at 76.54. The next price resistance is at 77.06. RSI (Relative Strength Index) is 46.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.39, which suggests the price will decrease in the coming days. Percent R is at 60.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
