COPT Defense Properties’s filing revealed that its EVP & COO Snider Britt A. acquired Company’s shares for reported $26930.0 on Feb 26 ’25. In the deal valued at $26.93 per share,1,000 shares were bought. As a result of this transaction, Snider Britt A. now holds 3,000 shares worth roughly $80070.0.
Then, Myers Matthew T sold 500 shares, generating $16,160 in total proceeds. Upon selling the shares at $32.32, the SVP-CAO & CONTROLLER now owns 7,784 shares.
Before that, BUDORICK STEPHEN E sold 8,854 shares. COPT Defense Properties shares valued at $288,145 were divested by the PRESIDENT/CEO at a price of $32.54 per share. As a result of the transaction, BUDORICK STEPHEN E now holds 153,882 shares, worth roughly $4.11 million.
Citigroup downgraded its COPT Defense Properties [CDP] rating to a Neutral from a a Buy in a research note published on March 22, 2024; the price target was decreased to $25 from $29. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late February from “a Hold” to “a Buy”. Evercore ISI also remained covering CDP and has increased its forecast on February 12, 2024 with a “an Outperform” recommendation from previously “an In-line” rating. JP Morgan revised its rating on December 18, 2023. It rated CDP as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CDP
On Monday, COPT Defense Properties [NYSE:CDP] saw its stock fall -1.26% to $26.69. Over the last five days, the stock has lost -0.22%. COPT Defense Properties shares have fallen nearly -13.76% since the year began. Nevertheless, the stocks have risen 12.00% over the past one year. While a 52-week high of $34.22 was reached on 01/02/25, a 52-week low of $22.20 was recorded on 02/21/25. SMA at 50 days reached $29.27, while 200 days put it at $28.95.
Levels Of Support And Resistance For CDP Stock
The 24-hour chart illustrates a support level at 26.41, which if violated will result in even more drops to 26.14. On the upside, there is a resistance level at 27.07. A further resistance level may holdings at 27.46. The Relative Strength Index (RSI) on the 14-day chart is 30.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.24%. Stochastics %K at 16.22% indicates the stock is a buying.
The most recent change occurred on October 03, 2023 when Wedbush began covering the stock and recommended ‘”an Outperform”‘ rating along with a $27 price target.
