KD Logo

Recent Insider Activity Could Benefit Calumet Inc (CLMT)

Calumet Inc’s filing revealed that its Director DANIEL J SAJKOWSKI 2011 TRUST acquired Company’s shares for reported $1.15 million on Mar 03 ’25. In the deal valued at $14.33 per share,80,000 shares were bought.

Then, Straumins Jennifer sold 37,861 shares, generating $810,983 in total proceeds. Upon selling the shares at $21.42, the Director now owns 1,184,589 shares.

Before that, Straumins Jennifer bought 50,000 shares. Calumet Inc shares valued at $1,075,000 were divested by the Director at a price of $21.50 per share.

UBS downgraded its Calumet Inc [CLMT] rating to a Sell from a a Neutral in a research note published on February 04, 2025; the price target was decreased to $15 from $20.50. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering CLMT and reiterated its “Buy” recommendation on October 17, 2024. TD Cowen maintained its rating on August 12, 2024. It rated CLMT as “a Buy”.

Price Performance Review of CLMT

On Monday, Calumet Inc [NASDAQ:CLMT] saw its stock fall -6.07% to $13.46. Over the last five days, the stock has lost -10.15%. Calumet Inc shares have fallen nearly -38.87% since the year began. Nevertheless, the stocks have fallen -12.48% over the past one year. While a 52-week high of $25.29 was reached on 01/06/25, a 52-week low of $9.97 was recorded on 03/03/25. SMA at 50 days reached $18.06, while 200 days put it at $17.89.

Levels Of Support And Resistance For CLMT Stock

The 24-hour chart illustrates a support level at 13.09, which if violated will result in even more drops to 12.73. On the upside, there is a resistance level at 14.06. A further resistance level may holdings at 14.67. The Relative Strength Index (RSI) on the 14-day chart is 30.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.76%. Stochastics %K at 8.94% indicates the stock is a buying.

Most Popular