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10% Owner Stellantis N.V. acquire 751,879 shares of Stellantis N.V [STLA]

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Stellantis N.V shares valued at $4,999,995 were purchased by Stellantis N.V. on Dec 11 ’24. At $6.65 per share, Stellantis N.V. acquired 751,879 shares. The insider’s holdings grew to 60,486,841 shares worth approximately $759.71 million following the completion of this transaction.

Also, Natalie Knight purchased 57,160 shares, netting a total of over 763,678 in proceeds.

Before that, Stellantis N.V. had added 2,982,089 shares to its account. In a trade valued at $9,989,998, the 10% Owner bought Stellantis N.V shares for $3.35 each. Upon closing the transaction, the insider’s holdings increased to 2,982,089 shares, worth approximately $750.27 million.

As published in their initiating research note from Evercore ISI on November 11, 2024, Stellantis N.V [STLA] has been an In-line. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early October. As of October 03, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for STLA. Earlier on September 05, 2024, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for STLA stock which previously was a “an Outperform”.

Analyzing STLA Stock Performance

During the last five days, there has been a drop of approximately -10.99%. Over the course of the year, Stellantis N.V shares have dropped approximately -3.75%. Shares of the company reached a 52-week high of $14.28 on 02/25/25 and a 52-week low of $12.22 on 01/13/25. A 50-day SMA is recorded $13.17, while a 200-day SMA reached $15.87. Nevertheless, trading volume fell to 16.51 million shares from 24.09 million shares the previous day.

Support And Resistance Levels for Stellantis N.V (STLA)

According to the 24-hour chart, there is a support level at 12.47, which, if violated, would cause prices to drop to 12.38. In the upper region, resistance lies at 12.74. The next price resistance is at 12.92. RSI (Relative Strength Index) is 38.09 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.27, which suggests the price will decrease in the coming days. Percent R is at 100.00%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

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