Cleveland-Cliffs Inc’s recent filing unveils that its EVP & President, CC Services Koci Keith acquired Company’s shares for reported $0.1 million on Feb 28 ’25. In the deal valued at $10.81 per share,9,500 shares were bought. As a result of this transaction, Koci Keith now holds 543,475 shares worth roughly $5.33 million.
Then, CRONIN JANE M. bought 10,000 shares, generating $105,606 in total proceeds. Upon buying the shares at $10.56, the Director now owns 24,522 shares.
Before that, Bloom Ron A. sold 1,554 shares. Cleveland-Cliffs Inc shares valued at $18,283 were divested by the Director at a price of $11.77 per share. As a result of the transaction, Bloom Ron A. now holds 64,024 shares, worth roughly $0.63 million.
Goldman initiated its Cleveland-Cliffs Inc [CLF] rating to a Buy in a research note published on December 02, 2024; the price target was $16. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “a Buy”. JP Morgan also remained covering CLF and has decreased its forecast on June 11, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Jefferies started covering the stock on May 20, 2024. It rated CLF as “a Buy”.
Price Performance Review of CLF
On Friday, Cleveland-Cliffs Inc [NYSE:CLF] saw its stock fall -2.49% to $9.81. Over the last five days, the stock has lost -9.50%. Cleveland-Cliffs Inc shares have risen nearly 4.36% since the year began. Nevertheless, the stocks have fallen -51.63% over the past one year. While a 52-week high of $22.97 was reached on 02/11/25, a 52-week low of $8.99 was recorded on 01/03/25. SMA at 50 days reached $10.32, while 200 days put it at $12.73.
Levels Of Support And Resistance For CLF Stock
The 24-hour chart illustrates a support level at 9.51, which if violated will result in even more drops to 9.20. On the upside, there is a resistance level at 10.25. A further resistance level may holdings at 10.68. The Relative Strength Index (RSI) on the 14-day chart is 42.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.80, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.04%. Stochastics %K at 27.23% indicates the stock is a holding.
