GE Aerospace’s recently made public that its Senior Vice President Ali Mohamed unloaded Company’s shares for reported $1.22 million on Mar 04 ’25. In the deal valued at $197.43 per share,6,196 shares were sold. As a result of this transaction, Ali Mohamed now holds 8,384 shares worth roughly $1.69 million.
Then, Ali Mohamed bought 6,196 shares, generating $1,226,808 in total proceeds.
Before that, Stokes Russell sold 8,730 shares. GE Aerospace shares valued at $1,756,389 were divested by the Senior Vice President at a price of $201.19 per share. As a result of the transaction, Stokes Russell now holds 153,878 shares, worth roughly $31.09 million.
Redburn Atlantic initiated its GE Aerospace [GE] rating to a Buy in a research note published on February 18, 2025; the price target was $250. A number of analysts have revised their coverage, including Northcoast’s analysts, who began to cover the stock in early January with a ‘”a Neutral”‘ rating. Bernstein also remained covering GE and reiterated its “an Outperform” recommendation on October 14, 2024. Bernstein started covering the stock on September 10, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock jump 2.50% to $202.03. Over the last five days, the stock has gained 5.16%. GE Aerospace shares have risen nearly 21.13% since the year began. Nevertheless, the stocks have risen 48.87% over the past one year. While a 52-week high of $212.19 was reached on 02/18/25, a 52-week low of $131.50 was recorded on 01/02/25. SMA at 50 days reached $195.10, while 200 days put it at $177.87.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 197.71, which if violated will result in even more drops to 193.38. On the upside, there is a resistance level at 204.98. A further resistance level may holdings at 207.92. The Relative Strength Index (RSI) on the 14-day chart is 55.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.92, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 31.01%. Stochastics %K at 45.70% indicates the stock is a holding.
How much short interest is there in GE Aerospace?
A steep rise in short interest was recorded in GE Aerospace stocks on 2025-02-28, growing by 4.26 million shares to a total of 15.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 11.41 million shares. There was a rise of 27.17%, which implies that there is a positive sentiment for the stock.
