Core & Main Inc’s recent filing unveils that its President Cowles Bradford A unloaded Company’s shares for reported $1.36 million on Feb 10 ’25. In the deal valued at $54.48 per share,25,000 shares were sold. As a result of this transaction, Cowles Bradford A now holds 16,010 shares worth roughly $0.77 million.
Then, Whittenburg Mark G sold 48,026 shares, generating $2,647,659 in total proceeds. Upon selling the shares at $55.13, the General Counsel and Secretary now owns 7,667 shares.
Before that, Whittenburg Mark G sold 1,974 shares. Core & Main Inc shares valued at $109,134 were divested by the General Counsel and Secretary at a price of $55.29 per share. As a result of the transaction, Whittenburg Mark G now holds 7,667 shares, worth roughly $0.37 million.
Wells Fargo initiated its Core & Main Inc [CNM] rating to an Overweight in a research note published on September 23, 2024; the price target was $52. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Neutral”. Citigroup also remained covering CNM and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “Neutral” rating. Wolfe Research revised its rating on October 12, 2023. It rated CNM as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of CNM
On Friday, Core & Main Inc [NYSE:CNM] saw its stock jump 0.36% to $47.87. Over the last five days, the stock has lost -6.16%. Core & Main Inc shares have fallen nearly -5.97% since the year began. Nevertheless, the stocks have fallen -1.34% over the past one year. While a 52-week high of $62.15 was reached on 01/30/25, a 52-week low of $37.22 was recorded on 03/07/25. SMA at 50 days reached $52.90, while 200 days put it at $49.49.
Levels Of Support And Resistance For CNM Stock
The 24-hour chart illustrates a support level at 46.52, which if violated will result in even more drops to 45.16. On the upside, there is a resistance level at 48.82. A further resistance level may holdings at 49.76. The Relative Strength Index (RSI) on the 14-day chart is 29.49, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.02%. Stochastics %K at 14.70% indicates the stock is a buying.
The most recent change occurred on June 13, 2023 when Northcoast began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
