PPG Industries, Inc’s recently made public that its Chairman and CEO KNAVISH TIMOTHY M unloaded Company’s shares for reported $0.57 million on Feb 14 ’25. In the deal valued at $118.35 per share,4,800 shares were sold. As a result of this transaction, KNAVISH TIMOTHY M now holds 35,833 shares worth roughly $3.92 million.
Then, KNAVISH TIMOTHY M bought 4,800 shares, generating $568,080 in total proceeds.
Before that, Foulkes Anne M. sold 1,985 shares. PPG Industries, Inc shares valued at $249,713 were divested by the Sr. VP and General Counsel at a price of $125.80 per share. As a result of the transaction, Foulkes Anne M. now holds 13,454 shares, worth roughly $1.47 million.
JP Morgan downgraded its PPG Industries, Inc [PPG] rating to a Neutral from a an Overweight in a research note published on February 12, 2025; the price target was decreased to $115 from $145. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “a Buy”. Evercore ISI also remained covering PPG and has decreased its forecast on April 22, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. Wells Fargo revised its rating on April 11, 2024. It rated PPG as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of PPG
On Tuesday, PPG Industries, Inc [NYSE:PPG] saw its stock fall -2.18% to $109.29. Over the last five days, the stock has lost -4.46%. PPG Industries, Inc shares have fallen nearly -8.51% since the year began. Nevertheless, the stocks have fallen -22.82% over the past one year. While a 52-week high of $145.60 was reached on 01/24/25, a 52-week low of $110.20 was recorded on 03/04/25. SMA at 50 days reached $117.33, while 200 days put it at $124.48.
Levels Of Support And Resistance For PPG Stock
The 24-hour chart illustrates a support level at 108.38, which if violated will result in even more drops to 107.46. On the upside, there is a resistance level at 110.98. A further resistance level may holdings at 112.66. The Relative Strength Index (RSI) on the 14-day chart is 33.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.60, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.62%. Stochastics %K at 6.58% indicates the stock is a buying.
