In a filing, TE Connectivity plc revealed its Pres., Industrial Solutions Kroeger Shadrak W unloaded Company’s shares for reported $3.67 million on Mar 04 ’25. In the deal valued at $146.77 per share,25,000 shares were sold. As a result of this transaction, Kroeger Shadrak W now holds 25,976 shares worth roughly $3.92 million.
Then, SHADRAK KROEGER bought 25,000 shares, generating $3,669,178 in total proceeds.
Before that, Wright Laura sold 1,000 shares. TE Connectivity plc shares valued at $154,660 were divested by the Director at a price of $154.66 per share. As a result of the transaction, Wright Laura now holds 16,684 shares, worth roughly $2.52 million.
HSBC Securities upgraded its TE Connectivity plc [TEL] rating to a Hold from a a Reduce in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who decreased its forecast for the stock in late October from “a Hold” to “a Reduce”. Wolfe Research also remained covering TEL and has increased its forecast on September 05, 2024 with a “an Outperform” recommendation from previously “Peer perform” rating. HSBC Securities revised its rating on July 24, 2024. It rated TEL as “a Hold” which previously was an “a Buy”.
Price Performance Review of TEL
On Friday, TE Connectivity plc [NYSE:TEL] saw its stock jump 2.39% to $150.81. Over the last five days, the stock has lost -2.09%. TE Connectivity plc shares have risen nearly 5.48% since the year began. Nevertheless, the stocks have risen 7.54% over the past one year. While a 52-week high of $159.98 was reached on 01/23/25, a 52-week low of $137.61 was recorded on 01/13/25. SMA at 50 days reached $148.20, while 200 days put it at $149.29.
Levels Of Support And Resistance For TEL Stock
The 24-hour chart illustrates a support level at 147.74, which if violated will result in even more drops to 144.68. On the upside, there is a resistance level at 152.59. A further resistance level may holdings at 154.37. The Relative Strength Index (RSI) on the 14-day chart is 50.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 54.06%. Stochastics %K at 35.39% indicates the stock is a holding.
The most recent change occurred on July 23, 2024 when Vertical Research began covering the stock and recommended ‘”a Hold”‘ rating along with a $155 price target.
