Mativ Holdings Inc’s recently made public that its Director COOK WILLIAM M acquired Company’s shares for reported $31125.0 on Nov 15 ’24. In the deal valued at $12.45 per share,2,500 shares were bought. As a result of this transaction, COOK WILLIAM M now holds 21,436 shares worth roughly $0.16 million.
Then, Schertell Julie sold 12,000 shares, generating $213,720 in total proceeds. Upon selling the shares at $17.81, the President, CEO now owns 283,981 shares.
Before that, JULIE A SCHERTELL bought 12,000 shares. Mativ Holdings Inc shares valued at $213,688 were divested by the Officer at a price of $17.81 per share.
Stifel initiated its Mativ Holdings Inc [MATV] rating to a Hold in a research note published on November 21, 2024; the price target was $15.50. A number of analysts have revised their coverage, including CJS Securities’s analysts, who began to cover the stock in mid December with a ‘”a Market outperform”‘ rating.
Price Performance Review of MATV
On Friday, Mativ Holdings Inc [NYSE:MATV] saw its stock jump 3.40% to $7.30. Over the last five days, the stock has gained 7.99%. Mativ Holdings Inc shares have fallen nearly -33.03% since the year began. Nevertheless, the stocks have fallen -59.40% over the past one year. While a 52-week high of $19.96 was reached on 01/06/25, a 52-week low of $5.74 was recorded on 03/04/25. SMA at 50 days reached $9.09, while 200 days put it at $14.48.
Levels Of Support And Resistance For MATV Stock
The 24-hour chart illustrates a support level at 7.02, which if violated will result in even more drops to 6.75. On the upside, there is a resistance level at 7.48. A further resistance level may holdings at 7.67. The Relative Strength Index (RSI) on the 14-day chart is 41.72, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.16, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.17%. Stochastics %K at 33.52% indicates the stock is a holding.
