Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Calumet Inc shares valued at $45,800 were purchased by Mawer Stephen P on Mar 06 ’25. At $12.53 per share, Mawer Stephen P acquired 3,655 shares.
Also, Lunin David purchased 2,500 shares, netting a total of over 32,625 in proceeds. Following the buying of shares at $13.05 each, the insider now holds 2,500 shares.
Before that, DANIEL J SAJKOWSKI 2011 TRUST had added 80,000 shares to its account. In a trade valued at $1,146,400, the Director bought Calumet Inc shares for $14.33 each.
As published in a research note from TD Cowen on March 04, 2025, Calumet Inc [CLMT] has been rated down from a Buy to a Hold and the price target has been revised to $16 from $26. Analysts at UBS downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early February. As of November 11, 2024, TD Cowen has reiterated its “Buy” rating for CLMT. Earlier on October 17, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for CLMT stock.
Analyzing CLMT Stock Performance
During the last five days, there has been a drop of approximately -16.89%. Over the course of the year, Calumet Inc shares have dropped approximately -43.46%. Shares of the company reached a 52-week high of $23.75 on 01/06/25 and a 52-week low of $11.89 on 03/04/25. A 50-day SMA is recorded $17.58, while a 200-day SMA reached $17.85.
Support And Resistance Levels for Calumet Inc (CLMT)
According to the 24-hour chart, there is a support level at 12.25, which, if violated, would cause prices to drop to 12.04. In the upper region, resistance lies at 12.80. The next price resistance is at 13.14. RSI (Relative Strength Index) is 26.42 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.87, which suggests the price will decrease in the coming days. Percent R is at 88.93%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.