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. GE Aerospace shares valued at $1,756,389 were sold by Stokes Russell on Feb 21 ’25. At $201.19 per share, Stokes Russell sold 8,730 shares. The insider’s holdings dropped to 153,878 shares worth approximately $31.0 million following the completion of this transaction.
Also, Stokes Russell sold 3,111 shares, netting a total of over 621,578 in proceeds. Following the sale of shares at $199.80 each, the insider now holds 150,767 shares.
Before that, Russell Stokes had added 11,841 shares to its account. In a trade valued at $2,471,690, the Officer bought GE Aerospace shares for $208.74 each.
As published in their initiating research note from Redburn Atlantic on February 18, 2025, GE Aerospace [GE] has been a Buy and the price target has been revised to $250. Analysts at Northcoast started covering the stock with ‘”a Neutral”‘ outlook in a report released in early January. As of October 14, 2024, Bernstein has reiterated its “an Outperform” rating for GE. Earlier on September 10, 2024, Bernstein initiated its rating. Their recommendation was “an Outperform” for GE stock.
Analyzing GE Stock Performance
During the last five days, there has been a drop of approximately -3.50%. Over the course of the year, GE Aerospace shares have jumped approximately 20.77%. Shares of the company reached a 52-week high of $212.19 on 02/18/25 and a 52-week low of $167.22 on 01/02/25. A 50-day SMA is recorded $187.86, while a 200-day SMA reached $175.76. Nevertheless, trading volume fell to 3.44 million shares from 3.16 million shares the previous day.
Support And Resistance Levels for GE Aerospace (GE)
According to the 24-hour chart, there is a support level at 199.86, which, if violated, would cause prices to drop to 198.30. In the upper region, resistance lies at 204.23. The next price resistance is at 207.04. RSI (Relative Strength Index) is 53.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.64, which suggests the price will decrease in the coming days. Percent R is at 62.02%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
