CVR Energy Inc’s filing revealed that its 10% Owner ICAHN CARL C acquired Company’s shares for reported $2.18 million on Mar 05 ’25. In the deal valued at $17.84 per share,122,049 shares were bought. As a result of this transaction, ICAHN CARL C now holds 68,069,902 shares worth roughly $1.23 billion.
Then, ICAHN CARL C bought 76,268 shares, generating $1,388,078 in total proceeds. Upon buying the shares at $18.20, the 10% Owner now owns 68,151,072 shares.
Before that, ICAHN CARL C bought 4,902 shares. CVR Energy Inc shares valued at $89,265 were divested by the 10% Owner at a price of $18.21 per share. As a result of the transaction, ICAHN CARL C now holds 68,074,804 shares, worth roughly $1.23 billion.
Tudor Pickering Holt & Co. downgraded its CVR Energy Inc [CVI] rating to a Sell from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in mid July with a ‘”a Neutral”‘ rating. Scotiabank also remained covering CVI and has decreased its forecast on January 16, 2024 with a “Sector underperform” recommendation from previously “Sector perform” rating. UBS started covering the stock on March 09, 2023. It rated CVI as “a Neutral”.
Price Performance Review of CVI
On Friday, CVR Energy Inc [NYSE:CVI] saw its stock fall -1.58% to $18.06. Over the last five days, the stock has lost -1.95%. CVR Energy Inc shares have fallen nearly -3.63% since the year began. Nevertheless, the stocks have fallen -43.83% over the past one year. While a 52-week high of $38.07 was reached on 02/19/25, a 52-week low of $15.60 was recorded on 03/04/25. SMA at 50 days reached $19.28, while 200 days put it at $22.52.
Levels Of Support And Resistance For CVI Stock
The 24-hour chart illustrates a support level at 17.77, which if violated will result in even more drops to 17.49. On the upside, there is a resistance level at 18.62. A further resistance level may holdings at 19.19. The Relative Strength Index (RSI) on the 14-day chart is 42.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.64%. Stochastics %K at 18.72% indicates the stock is a buying.
