Masco Corp’s recent filing unveils that its Director Alexander Mark R. acquired Company’s shares for reported $1.49 million on Mar 07 ’25. In the deal valued at $74.03 per share,20,172 shares were bought.
Then, Allman Keith J. sold 21,723 shares, generating $1,658,768 in total proceeds. Upon selling the shares at $76.36, the President and CEO now owns 60,267 shares.
Before that, Allman Keith J. bought 21,723 shares. Masco Corp shares valued at $1,658,768 were divested by the Officer at a price of $76.36 per share.
Oppenheimer upgraded its Masco Corp [MAS] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “an Equal weight”. Jefferies also remained covering MAS and has decreased its forecast on December 16, 2024 with a “Hold” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on October 30, 2024. It rated MAS as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of MAS
On Friday, Masco Corp [NYSE:MAS] saw its stock jump 1.42% to $75.20. Over the last five days, the stock has gained 0.03%. Masco Corp shares have risen nearly 3.62% since the year began. Nevertheless, the stocks have fallen -1.83% over the past one year. While a 52-week high of $86.70 was reached on 01/27/25, a 52-week low of $63.81 was recorded on 01/08/25. SMA at 50 days reached $76.01, while 200 days put it at $76.20.
Levels Of Support And Resistance For MAS Stock
The 24-hour chart illustrates a support level at 74.09, which if violated will result in even more drops to 72.99. On the upside, there is a resistance level at 76.01. A further resistance level may holdings at 76.83. The Relative Strength Index (RSI) on the 14-day chart is 47.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.78%. Stochastics %K at 33.85% indicates the stock is a holding.
The most recent change occurred on February 02, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $70 price target.
