Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Masco Corp shares valued at $1,658,768 were sold by Allman Keith J. on Feb 26 ’25. At $76.36 per share, Allman Keith J. sold 21,723 shares. The insider’s holdings dropped to 60,267 shares worth approximately $4.43 million following the completion of this transaction.
Also, Allman Keith J. purchased 21,723 shares, netting a total of over 1,658,768 in proceeds.
Before that, Stevens Charles K. III had sold 3,150 shares from its account. In a trade valued at $254,731, the Director traded Masco Corp shares for $80.87 each. Upon closing the transaction, the insider’s holdings decreased to 3,150 shares, worth approximately $0.92 million.
As published in a research note from Oppenheimer on January 10, 2025, Masco Corp [MAS] has been rated up from a Perform to an Outperform and the price target has been revised to $89. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. As of December 16, 2024, Jefferies has decreased its “Buy” rating to a “Hold” for MAS. Earlier on October 30, 2024, RBC Capital Mkts downgraded its rating. Their new recommendation was “a Sector perform” for MAS stock which previously was a “an Outperform”.
Analyzing MAS Stock Performance
During the last five days, there has been a drop of approximately -3.22%. Over the course of the year, Masco Corp shares have jumped approximately 1.39%. Shares of the company reached a 52-week high of $82.18 on 01/27/25 and a 52-week low of $71.01 on 01/08/25. A 50-day SMA is recorded $75.97, while a 200-day SMA reached $76.15.
Support And Resistance Levels for Masco Corp (MAS)
According to the 24-hour chart, there is a support level at 72.45, which, if violated, would cause prices to drop to 71.33. In the upper region, resistance lies at 74.93. The next price resistance is at 76.29. RSI (Relative Strength Index) is 40.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.17, which suggests the price will decrease in the coming days. Percent R is at 77.29%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
