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MCO Shares Experience Decline in Value

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Moody’s Corp shares valued at $1,742,109 were purchased by Tulenko Stephen T on Feb 26 ’25. At $500.03 per share, Tulenko Stephen T acquired 3,484 shares.

Also, Fauber Robert sold 281 shares, netting a total of over 146,738 in proceeds. Following the sale of shares at $522.20 each, the insider now holds 61,894 shares.

Before that, Fauber Robert had added 281 shares to its account. In a trade valued at $146,738, the Officer bought Moody’s Corp shares for $522.20 each.

As published in their initiating research note from Citigroup on December 20, 2024, Moody’s Corp [MCO] has been a Buy and the price target has been revised to $565. Analysts at Evercore ISI started covering the stock with ‘”an Outperform”‘ outlook in a report released in early October. As of September 23, 2024, Raymond James has decreased its “Mkt perform” rating to a “an Underperform” for MCO. Earlier on August 13, 2024, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for MCO stock.

Analyzing MCO Stock Performance

During the last five days, there has been a drop of approximately -4.03%. Over the course of the year, Moody’s Corp shares have jumped approximately 5.27%. Shares of the company reached a 52-week high of $531.93 on 02/14/25 and a 52-week low of $449.45 on 01/10/25. A 50-day SMA is recorded $488.32, while a 200-day SMA reached $463.77. Nevertheless, trading volume fell to 0.92 million shares from 1.0 million shares the previous day.

Support And Resistance Levels for Moody’s Corp (MCO)

According to the 24-hour chart, there is a support level at 494.42, which, if violated, would cause prices to drop to 490.49. In the upper region, resistance lies at 504.81. The next price resistance is at 511.27. RSI (Relative Strength Index) is 48.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.94, which suggests the price will decrease in the coming days. Percent R is at 93.59%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.

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