Modine Manufacturing Co’s recent filing unveils that its Director WULFSOHN WILLIAM A acquired Company’s shares for reported $0.2 million on Mar 03 ’25. In the deal valued at $79.43 per share,2,530 shares were bought. As a result of this transaction, WULFSOHN WILLIAM A now holds 7,277 shares worth roughly $0.59 million.
Then, Lucareli Michael B sold 17,541 shares, generating $1,754,100 in total proceeds. Upon selling the shares at $100.00, the EVP, CFO now owns 132,531 shares.
Before that, Lucareli Michael B sold 27,500 shares. Modine Manufacturing Co shares valued at $2,819,380 were divested by the EVP, CFO at a price of $102.52 per share. As a result of the transaction, Lucareli Michael B now holds 135,031 shares, worth roughly $10.91 million.
B. Riley Securities reiterated its Modine Manufacturing Co [MOD] rating to a Buy in a research note published on August 01, 2024; the price target was $140. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late July with a ‘”an Outperform”‘ rating. Oppenheimer began covering MOD with “an Outperform” recommendation on March 19, 2024.
Price Performance Review of MOD
On Friday, Modine Manufacturing Co [NYSE:MOD] saw its stock jump 6.23% to $80.80. Over the last five days, the stock has lost -4.45%. Modine Manufacturing Co shares have fallen nearly -30.30% since the year began. Nevertheless, the stocks have fallen -9.32% over the past one year. While a 52-week high of $146.84 was reached on 01/22/25, a 52-week low of $72.49 was recorded on 03/04/25. SMA at 50 days reached $105.38, while 200 days put it at $112.88.
Levels Of Support And Resistance For MOD Stock
The 24-hour chart illustrates a support level at 76.14, which if violated will result in even more drops to 71.49. On the upside, there is a resistance level at 83.68. A further resistance level may holdings at 86.56. The Relative Strength Index (RSI) on the 14-day chart is 39.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.11%. Stochastics %K at 25.55% indicates the stock is a holding.
The most recent change occurred on June 07, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
