Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. SiteOne Landscape Supply Inc shares valued at $974,361 were sold by BLACK DOUG on Feb 26 ’25. At $131.92 per share, BLACK DOUG sold 7,386 shares. The insider’s holdings dropped to 581,862 shares worth approximately $71.37 million following the completion of this transaction.
Also, BLACK DOUG purchased 7,386 shares, netting a total of over 974,360 in proceeds.
Before that, Ketter Joseph had sold 6,500 shares from its account. In a trade valued at $924,300, the EVP, Human Resources traded SiteOne Landscape Supply Inc shares for $142.20 each. Upon closing the transaction, the insider’s holdings decreased to 6,500 shares, worth approximately $1.59 million.
As published in a research note from Jefferies on December 06, 2024, SiteOne Landscape Supply Inc [SITE] has been rated up from a Hold to a Buy and the price target has been revised to $175 from $145. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in early October. As of August 01, 2024, Stifel has decreased its “Buy” rating to a “Hold” for SITE. Earlier on May 02, 2024, Stifel upgraded its rating. Their new recommendation was “a Buy” for SITE stock which previously was a “a Hold”.
Analyzing SITE Stock Performance
During the last five days, there has been a drop of approximately -0.51%. Over the course of the year, SiteOne Landscape Supply Inc shares have dropped approximately -6.92%. Shares of the company reached a 52-week high of $151.79 on 01/27/25 and a 52-week low of $119.14 on 03/04/25. A 50-day SMA is recorded $134.04, while a 200-day SMA reached $138.06.
Support And Resistance Levels for SiteOne Landscape Supply Inc (SITE)
According to the 24-hour chart, there is a support level at 121.20, which, if violated, would cause prices to drop to 119.76. In the upper region, resistance lies at 124.39. The next price resistance is at 126.14. RSI (Relative Strength Index) is 39.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.83, which suggests the price will decrease in the coming days. Percent R is at 72.86%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
