In a filing, GE Aerospace revealed its Senior Vice President Stokes Russell unloaded Company’s shares for reported $1.76 million on Feb 21 ’25. In the deal valued at $201.19 per share,8,730 shares were sold. As a result of this transaction, Stokes Russell now holds 153,878 shares worth roughly $31.08 million.
Then, Stokes Russell sold 3,111 shares, generating $621,578 in total proceeds. Upon selling the shares at $199.80, the Senior Vice President now owns 150,767 shares.
Before that, Russell Stokes bought 11,841 shares. GE Aerospace shares valued at $2,471,690 were divested by the Officer at a price of $208.74 per share.
Redburn Atlantic initiated its GE Aerospace [GE] rating to a Buy in a research note published on February 18, 2025; the price target was $250. A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in early January with a ‘”a Neutral”‘ rating. Bernstein also remained covering GE and reiterated its “an Outperform” recommendation on October 14, 2024. Bernstein started covering the stock on September 10, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock fall -2.43% to $201.96. Over the last five days, the stock has gained 1.64%. GE Aerospace shares have risen nearly 21.09% since the year began. Nevertheless, the stocks have risen 62.73% over the past one year. While a 52-week high of $212.19 was reached on 02/18/25, a 52-week low of $123.70 was recorded on 01/02/25. SMA at 50 days reached $189.40, while 200 days put it at $176.19.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 199.02, which if violated will result in even more drops to 196.08. On the upside, there is a resistance level at 206.69. A further resistance level may holdings at 211.42. The Relative Strength Index (RSI) on the 14-day chart is 52.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.97%. Stochastics %K at 49.66% indicates the stock is a holding.
