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. UDR Inc shares valued at $1,068,750 were sold by TOOMEY THOMAS W on Feb 20 ’25. At $42.75 per share, TOOMEY THOMAS W sold 25,000 shares. The insider’s holdings dropped to 824,716 shares worth approximately $36.57 million following the completion of this transaction.
Also, TOOMEY THOMAS W purchased 25,000 shares, netting a total of over 1,067,000 in proceeds.
Before that, ALCOCK HARRY G had added 5,000 shares to its account. In a trade valued at $224,391, the Officer bought UDR Inc shares for $44.88 each.
As published in a research note from Jefferies on January 02, 2025, UDR Inc [UDR] has been rated down from a Buy to a Hold and the price target has been revised to $45 from $50. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of September 11, 2024, Exane BNP Paribas has initiated its “an Outperform” rating for UDR. Earlier on September 04, 2024, Goldman initiated its rating. Their recommendation was “a Sell” for UDR stock.
Analyzing UDR Stock Performance
During the last five days, there has been a surge of approximately 3.09%. Over the course of the year, UDR Inc shares have jumped approximately 2.14%. Shares of the company reached a 52-week high of $44.50 on 02/27/25 and a 52-week low of $39.83 on 01/10/25. A 50-day SMA is recorded $42.41, while a 200-day SMA reached $42.59.
Support And Resistance Levels for UDR Inc (UDR)
According to the 24-hour chart, there is a support level at 43.63, which, if violated, would cause prices to drop to 42.93. In the upper region, resistance lies at 44.77. The next price resistance is at 45.21. RSI (Relative Strength Index) is 66.62 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.83, which suggests the price will decrease in the coming days. Percent R is at 5.78%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
