The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Camden Property Trust shares valued at $16,495 were sold by Gallagher Michael P on Mar 10 ’25. At $122.18 per share, Gallagher Michael P sold 135 shares. The insider’s holdings dropped to 39,596 shares worth approximately $4.62 million following the completion of this transaction.
Also, Laurie Baker purchased 2,308 shares, netting a total of over 273,069 in proceeds.
Before that, Baker Laurie had sold 2,308 shares from its account. In a trade valued at $273,221, the EVP – Chief Operating Officer traded Camden Property Trust shares for $118.38 each. Upon closing the transaction, the insider’s holdings decreased to 2,308 shares, worth approximately $9.17 million.
As published in a research note from Jefferies on March 10, 2025, Camden Property Trust [CPT] has been rated up from a Hold to a Buy and the price target has been revised to $139 from $117. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid December. As of December 17, 2024, JP Morgan has decreased its “Neutral” rating to a “an Underweight” for CPT. Earlier on November 13, 2024, Stifel downgraded its rating. Their new recommendation was “a Hold” for CPT stock which previously was a “a Buy”.
Analyzing CPT Stock Performance
During the last five days, there has been a drop of approximately -4.16%. Over the course of the year, Camden Property Trust shares have jumped approximately 0.61%. Shares of the company reached a 52-week high of $126.55 on 03/04/25 and a 52-week low of $108.46 on 01/10/25. A 50-day SMA is recorded $116.75, while a 200-day SMA reached $117.01.
Support And Resistance Levels for Camden Property Trust (CPT)
According to the 24-hour chart, there is a support level at 115.51, which, if violated, would cause prices to drop to 114.27. In the upper region, resistance lies at 118.59. The next price resistance is at 120.44. RSI (Relative Strength Index) is 41.00 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.30, which suggests the price will decrease in the coming days. Percent R is at 93.87%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.