Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Emcor Group, Inc shares valued at $462,588 were sold by Mauricio Maxine Lum on Mar 13 ’25. At $370.07 per share, Mauricio Maxine Lum sold 1,250 shares. The insider’s holdings dropped to 27,642 shares worth approximately $11.04 million following the completion of this transaction.
Also, MAXINE LUM MAURICIO purchased 1,250 shares, netting a total of over 462,588 in proceeds.
Before that, Altmeyer John W had sold 2,000 shares from its account. In a trade valued at $809,900, the Director traded Emcor Group, Inc shares for $404.95 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $14.23 million.
As published in their initiating research note from Northcoast on November 22, 2024, Emcor Group, Inc [EME] has been a Buy and the price target has been revised to $600. Analysts at Goldman started covering the stock with ‘”a Sell”‘ outlook in a report released in late November. As of November 15, 2024, Stifel has initiated its “Buy” rating for EME. Earlier on January 10, 2024, KeyBanc Capital Markets initiated its rating. Their recommendation was “a Sector weight” for EME stock.
Analyzing EME Stock Performance
During the last five days, there has been a surge of approximately 7.13%. Over the course of the year, Emcor Group, Inc shares have dropped approximately -11.98%. Shares of the company reached a 52-week high of $545.29 on 01/22/25 and a 52-week low of $355.52 on 03/10/25. A 50-day SMA is recorded $436.14, while a 200-day SMA reached $424.13.
Support And Resistance Levels for Emcor Group, Inc (EME)
According to the 24-hour chart, there is a support level at 391.31, which, if violated, would cause prices to drop to 383.10. In the upper region, resistance lies at 407.14. The next price resistance is at 414.75. RSI (Relative Strength Index) is 48.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.30, which suggests the price will increase in the coming days. Percent R is at 20.84%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
