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Keeping an Eye on Granite Construction Inc (GVA) After Insider Trading Activity

Granite Construction Inc’s filing revealed that its Director CAMPBELL MOLLY unloaded Company’s shares for reported $0.15 million on Mar 12 ’25. In the deal valued at $72.57 per share,2,070 shares were sold. As a result of this transaction, CAMPBELL MOLLY now holds 10,989 shares worth roughly $0.85 million.

Then, CAMPBELL MOLLY bought 2,070 shares, generating $150,229 in total proceeds.

Before that, Dowd Brian R sold 2,025 shares. Granite Construction Inc shares valued at $165,139 were divested by the Senior Vice President at a price of $81.55 per share. As a result of the transaction, Dowd Brian R now holds 13,880 shares, worth roughly $1.08 million.

DA Davidson upgraded its Granite Construction Inc [GVA] rating to a Buy from a a Neutral in a research note published on April 15, 2021; the price target was increased to $55 from $35. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in mid January from “a Neutral” to “a Sell”. DA Davidson also remained covering GVA and has decreased its forecast on October 28, 2019 with a “Neutral” recommendation from previously “Buy” rating. Goldman revised its rating on August 08, 2019. It rated GVA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of GVA

On Monday, Granite Construction Inc [NYSE:GVA] saw its stock jump 1.98% to $77.71. Over the last five days, the stock has gained 5.36%. Granite Construction Inc shares have fallen nearly -11.40% since the year began. Nevertheless, the stocks have risen 42.95% over the past one year. While a 52-week high of $105.20 was reached on 01/22/25, a 52-week low of $52.99 was recorded on 03/10/25. SMA at 50 days reached $83.70, while 200 days put it at $79.70.

Levels Of Support And Resistance For GVA Stock

The 24-hour chart illustrates a support level at 77.16, which if violated will result in even more drops to 76.60. On the upside, there is a resistance level at 78.46. A further resistance level may holdings at 79.20. The Relative Strength Index (RSI) on the 14-day chart is 47.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.07, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 24.72%. Stochastics %K at 59.13% indicates the stock is a holding.

How much short interest is there in Granite Construction Inc?

A steep rise in short interest was recorded in Granite Construction Inc stocks on 2025-02-28, dropping by -0.37 million shares to a total of 4.37 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 4.75 million shares. There was a decline of -8.57%, which implies that there is a negative sentiment for the stock.

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