COPT Defense Properties’s recent filing unveils that its EVP & COO Snider Britt A. acquired Company’s shares for reported $26930.0 on Feb 26 ’25. In the deal valued at $26.93 per share,1,000 shares were bought. As a result of this transaction, Snider Britt A. now holds 3,000 shares worth roughly $81150.0.
Then, Myers Matthew T sold 500 shares, generating $16,160 in total proceeds. Upon selling the shares at $32.32, the SVP-CAO & CONTROLLER now owns 7,784 shares.
Before that, BUDORICK STEPHEN E sold 8,854 shares. COPT Defense Properties shares valued at $288,145 were divested by the PRESIDENT/CEO at a price of $32.54 per share. As a result of the transaction, BUDORICK STEPHEN E now holds 153,882 shares, worth roughly $4.16 million.
Jefferies initiated its COPT Defense Properties [CDP] rating to a Buy in a research note published on March 17, 2025; the price target was $31. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Neutral”. Jefferies also remained covering CDP and has increased its forecast on February 21, 2024 with a “Buy” recommendation from previously “Hold” rating. Evercore ISI revised its rating on February 12, 2024. It rated CDP as “an Outperform” which previously was an “an In-line”.
Price Performance Review of CDP
On Monday, COPT Defense Properties [NYSE:CDP] saw its stock jump 0.97% to $27.05. Over the last five days, the stock has lost -0.29%. COPT Defense Properties shares have fallen nearly -12.60% since the year began. Nevertheless, the stocks have risen 10.23% over the past one year. While a 52-week high of $34.22 was reached on 01/02/25, a 52-week low of $22.20 was recorded on 03/06/25. SMA at 50 days reached $28.41, while 200 days put it at $29.07.
Levels Of Support And Resistance For CDP Stock
The 24-hour chart illustrates a support level at 26.93, which if violated will result in even more drops to 26.80. On the upside, there is a resistance level at 27.25. A further resistance level may holdings at 27.44. The Relative Strength Index (RSI) on the 14-day chart is 45.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 40.27%. Stochastics %K at 36.06% indicates the stock is a holding.
How much short interest is there in COPT Defense Properties?
A steep rise in short interest was recorded in COPT Defense Properties stocks on 2025-02-28, growing by 0.99 million shares to a total of 6.08 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.09 million shares. There was a rise of 16.34%, which implies that there is a positive sentiment for the stock.
