Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ryder System, Inc shares valued at $221,015 were sold by Ravindran Rajeev on Feb 18 ’25. At $170.80 per share, Ravindran Rajeev sold 1,294 shares. The insider’s holdings dropped to 16,572 shares worth approximately $2.26 million following the completion of this transaction.
Also, RAJEEV RAVINDRAN purchased 1,294 shares, netting a total of over 221,027 in proceeds.
Before that, Fatovic Robert D had sold 12,500 shares from its account. In a trade valued at $2,113,817, the EVP, CLO & Corp. Secretary traded Ryder System, Inc shares for $169.11 each. Upon closing the transaction, the insider’s holdings decreased to 12,500 shares, worth approximately $9.07 million.
As published in their initiating research note from Morgan Stanley on June 24, 2024, Ryder System, Inc [R] has been an Overweight and the price target has been revised to $165. Analysts at Vertical Research upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid June. As of January 10, 2024, Vertical Research has decreased its “Buy” rating to a “Hold” for R. Earlier on October 04, 2023, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for R stock which previously was a “an Outperform”.
Analyzing R Stock Performance
During the last five days, there has been a drop of approximately -11.88%. Over the course of the year, Ryder System, Inc shares have dropped approximately -13.06%. Shares of the company reached a 52-week high of $171.59 on 02/18/25 and a 52-week low of $134.41 on 03/13/25. A 50-day SMA is recorded $158.99, while a 200-day SMA reached $146.07.
Support And Resistance Levels for Ryder System, Inc (R)
According to the 24-hour chart, there is a support level at 132.21, which, if violated, would cause prices to drop to 128.05. In the upper region, resistance lies at 142.74. The next price resistance is at 149.11. RSI (Relative Strength Index) is 25.12 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -11.29, which suggests the price will decrease in the coming days. Percent R is at 93.91%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
