Ferguson Enterprises Inc’s recent filing unveils that its Chief Marketing Officer Morrissey Victoria unloaded Company’s shares for reported $0.35 million on Jan 06 ’25. In the deal valued at $177.00 per share,2,000 shares were sold. As a result of this transaction, Morrissey Victoria now holds 4,282 shares worth roughly $0.74 million.
Then, Morrissey Victoria bought 2,000 shares, generating $354,000 in total proceeds.
Before that, May Brian bought 686 shares. Ferguson Enterprises Inc shares valued at $127,006 were divested by the Director at a price of $185.14 per share. As a result of the transaction, May Brian now holds 3,268 shares, worth roughly $0.57 million.
Morgan Stanley initiated its Ferguson Enterprises Inc [FERG] rating to an Overweight in a research note published on February 03, 2025; the price target was $204. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Buy”. UBS also remained covering FERG and has decreased its forecast on January 08, 2025 with a “Neutral” recommendation from previously “Buy” rating. Oppenheimer started covering the stock on October 23, 2024. It rated FERG as “an Outperform”.
Price Performance Review of FERG
On Monday, Ferguson Enterprises Inc [NYSE:FERG] saw its stock fall -2.24% to $173.53. Over the last five days, the stock has gained 0.91%. Ferguson Enterprises Inc shares have fallen nearly -0.02% since the year began. Nevertheless, the stocks have fallen -18.13% over the past one year. While a 52-week high of $225.62 was reached on 01/23/25, a 52-week low of $167.27 was recorded on 01/13/25. SMA at 50 days reached $178.20, while 200 days put it at $196.65.
Levels Of Support And Resistance For FERG Stock
The 24-hour chart illustrates a support level at 170.62, which if violated will result in even more drops to 167.70. On the upside, there is a resistance level at 177.95. A further resistance level may holdings at 182.37. The Relative Strength Index (RSI) on the 14-day chart is 41.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.66%. Stochastics %K at 34.76% indicates the stock is a holding.
