Cleveland-Cliffs Inc’s filing revealed that its Director BALDWIN JOHN T acquired Company’s shares for reported $34800.0 on Mar 10 ’25. In the deal valued at $8.70 per share,4,000 shares were bought. As a result of this transaction, BALDWIN JOHN T now holds 133,227 shares worth roughly $1.38 million.
Then, Koci Keith bought 9,500 shares, generating $102,742 in total proceeds. Upon buying the shares at $10.81, the EVP & President, CC Services now owns 543,475 shares.
Before that, CRONIN JANE M. bought 10,000 shares. Cleveland-Cliffs Inc shares valued at $105,606 were divested by the Director at a price of $10.56 per share. As a result of the transaction, CRONIN JANE M. now holds 24,522 shares, worth roughly $0.25 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 jump 6.78% to $10.39. Over the last five days, the stock has gained 5.91%. Cleveland-Cliffs Inc shares have risen nearly 10.53% since the year began. Nevertheless, the stocks have fallen -49.24% over the past one year. While a 52-week high of $22.97 was reached on 02/11/25, a 52-week low of $8.50 was recorded on 03/11/25. SMA at 50 days reached $10.34, while 200 days put it at $12.53.
Levels Of Support And Resistance For CLF Stock
The 24-hour chart illustrates a support level at 10.06, which if violated will result in even more drops to 9.74. On the upside, there is a resistance level at 10.62. A further resistance level may holdings at 10.86. The Relative Strength Index (RSI) on the 14-day chart is 51.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.68%. Stochastics %K at 48.14% indicates the stock is a holding.
How much short interest is there in Cleveland-Cliffs Inc?
A steep rise in short interest was recorded in Cleveland-Cliffs Inc stocks on 2025-02-28, growing by 12.06 million shares to a total of 54.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 42.18 million shares. There was a rise of 22.24%, which implies that there is a positive sentiment for the stock.
