Genuine Parts Co’s recently made public that its Board Member WENDY B NEEDHAM acquired Company’s shares for reported $0.5 million on Mar 05 ’25. In the deal valued at $123.28 per share,4,024 shares were bought.
Then, NEEDHAM WENDY B sold 4,024 shares, generating $496,079 in total proceeds. Upon selling the shares at $123.28, the Director now owns 7,333 shares.
Before that, WENDY B NEEDHAM bought 1,608 shares. Genuine Parts Co shares valued at $194,213 were divested by the Director at a price of $120.78 per share.
Northcoast downgraded its Genuine Parts Co [GPC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Loop Capital’s analysts, who began to cover the stock in mid January with a ‘”a Buy”‘ rating. UBS began covering GPC with “Neutral” recommendation on October 12, 2023. Northcoast started covering the stock on June 28, 2023. It rated GPC as “a Buy”.
Price Performance Review of GPC
On Monday, Genuine Parts Co [NYSE:GPC] saw its stock jump 1.21% to $123.48. Over the last five days, the stock has lost -4.29%. Genuine Parts Co shares have risen nearly 5.76% since the year began. Nevertheless, the stocks have fallen -19.55% over the past one year. While a 52-week high of $164.45 was reached on 03/10/25, a 52-week low of $112.74 was recorded on 02/03/25. SMA at 50 days reached $120.30, while 200 days put it at $129.98.
Levels Of Support And Resistance For GPC Stock
The 24-hour chart illustrates a support level at 122.28, which if violated will result in even more drops to 121.07. On the upside, there is a resistance level at 124.28. A further resistance level may holdings at 125.07. The Relative Strength Index (RSI) on the 14-day chart is 52.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 66.10%. Stochastics %K at 19.57% indicates the stock is a buying.
How much short interest is there in Genuine Parts Co?
A steep rise in short interest was recorded in Genuine Parts Co stocks on 2025-02-28, growing by 1.66 million shares to a total of 5.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.78 million shares. There was a rise of 30.48%, which implies that there is a positive sentiment for the stock.
