The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Marsh & McLennan Cos., Inc shares valued at $2,545,206 were purchased by Jones John Jude on Mar 06 ’25. At $235.14 per share, Jones John Jude acquired 10,824 shares.
Also, South Martin sold 26,476 shares, netting a total of over 6,343,334 in proceeds. Following the sale of shares at $239.59 each, the insider now holds 17,063 shares.
Before that, Studer Nicholas Mark had sold 3,649 shares from its account. In a trade valued at $871,151, the President and CEO of OWG traded Marsh & McLennan Cos., Inc shares for $238.74 each. Upon closing the transaction, the insider’s holdings decreased to 3,649 shares, worth approximately $2.54 million.
As published in a research note from RBC Capital Mkts on December 12, 2024, Marsh & McLennan Cos., Inc [MMC] has been rated up from a Sector perform to an Outperform and the price target has been revised to $250. As of September 05, 2024, Barclays has initiated its “an Equal weight” rating for MMC. Earlier on April 17, 2024, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for MMC stock which previously was a “an Overweight”.
Analyzing MMC Stock Performance
During the last five days, there has been a surge of approximately 0.77%. Over the course of the year, Marsh & McLennan Cos., Inc shares have jumped approximately 11.30%. Shares of the company reached a 52-week high of $241.84 on 03/04/25 and a 52-week low of $207.21 on 01/13/25. A 50-day SMA is recorded $222.08, while a 200-day SMA reached $220.48.
Support And Resistance Levels for Marsh & McLennan Cos., Inc (MMC)
According to the 24-hour chart, there is a support level at 234.88, which, if violated, would cause prices to drop to 233.35. In the upper region, resistance lies at 237.60. The next price resistance is at 238.79. RSI (Relative Strength Index) is 63.38 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.26, which suggests the price will increase in the coming days. Percent R is at 38.99%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
