The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Reynolds Consumer Products Inc shares valued at $149,313 were purchased by Stangl Rolf on Feb 10 ’25. At $24.89 per share, Stangl Rolf acquired 6,000 shares. The insider’s holdings grew to 16,889 shares worth approximately $0.4 million following the completion of this transaction.
Also, Stangl Rolf purchased 3,682 shares, netting a total of over 101,255 in proceeds. Following the buying of shares at $27.50 each, the insider now holds 10,889 shares.
Before that, Golding Helen had added 1,190 shares to its account. In a trade valued at $32,823, the Director bought Reynolds Consumer Products Inc shares for $27.58 each. Upon closing the transaction, the insider’s holdings increased to 1,190 shares, worth approximately $28131.600000000002.
As published in their initiating research note from Jefferies on August 29, 2024, Reynolds Consumer Products Inc [REYN] has been a Buy and the price target has been revised to $38. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late November. As of October 03, 2023, Goldman has increased its “Sell” rating to a “Neutral” for REYN. Earlier on March 30, 2023, Canaccord Genuity initiated its rating. Their recommendation was “a Hold” for REYN stock.
Analyzing REYN Stock Performance
During the last five days, there has been a surge of approximately 1.07%. Over the course of the year, Reynolds Consumer Products Inc shares have dropped approximately -12.41%. Shares of the company reached a 52-week high of $28.22 on 02/03/25 and a 52-week low of $23.13 on 03/14/25. A 50-day SMA is recorded $25.38, while a 200-day SMA reached $27.99.
Support And Resistance Levels for Reynolds Consumer Products Inc (REYN)
According to the 24-hour chart, there is a support level at 23.45, which, if violated, would cause prices to drop to 23.27. In the upper region, resistance lies at 23.96. The next price resistance is at 24.29. RSI (Relative Strength Index) is 41.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.16, which suggests the price will decrease in the coming days. Percent R is at 76.06%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
