Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. TE Connectivity plc shares valued at $3,669,178 were sold by Kroeger Shadrak W on Mar 04 ’25. At $146.77 per share, Kroeger Shadrak W sold 25,000 shares. The insider’s holdings dropped to 25,976 shares worth approximately $3.92 million following the completion of this transaction.
Also, SHADRAK KROEGER purchased 25,000 shares, netting a total of over 3,669,178 in proceeds.
Before that, Wright Laura had sold 1,000 shares from its account. In a trade valued at $154,660, the Director traded TE Connectivity plc shares for $154.66 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $2.52 million.
As published in a research note from HSBC Securities on January 23, 2025, TE Connectivity plc [TEL] has been rated up from a Reduce to a Hold and the price target has been revised to $166. Analysts at HSBC Securities downgraded the stock from ‘”a Hold”‘ to ‘”a Reduce”‘ outlook in a report released in late October. As of September 05, 2024, Wolfe Research has increased its “Peer perform” rating to a “an Outperform” for TEL. Earlier on July 24, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Hold” for TEL stock which previously was a “a Buy”.
Analyzing TEL Stock Performance
During the last five days, there has been a drop of approximately -1.27%. Over the course of the year, TE Connectivity plc shares have jumped approximately 5.46%. Shares of the company reached a 52-week high of $156.98 on 01/23/25 and a 52-week low of $138.24 on 01/13/25. A 50-day SMA is recorded $147.99, while a 200-day SMA reached $149.31.
Support And Resistance Levels for TE Connectivity plc (TEL)
According to the 24-hour chart, there is a support level at 148.88, which, if violated, would cause prices to drop to 146.98. In the upper region, resistance lies at 152.09. The next price resistance is at 153.39. RSI (Relative Strength Index) is 50.29 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.04, which suggests the price will decrease in the coming days. Percent R is at 54.32%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
