Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Claros Mortgage Trust Inc shares valued at $84,500 were purchased by Mack Richard on Mar 12 ’25. At $3.38 per share, Mack Richard acquired 25,000 shares. The insider’s holdings grew to 2,589,981 shares worth approximately $10.1 million following the completion of this transaction.
Also, Mack Richard purchased 10,000 shares, netting a total of over 36,559 in proceeds. Following the buying of shares at $3.66 each, the insider now holds 2,599,981 shares.
Before that, Richman Steven Leonard had added 5,000 shares to its account. In a trade valued at $17,000, the Director bought Claros Mortgage Trust Inc shares for $3.40 each. Upon closing the transaction, the insider’s holdings increased to 5,000 shares, worth approximately $72150.0.
As published in a research note from UBS on January 10, 2025, Claros Mortgage Trust Inc [CMTG] has been rated up from a Neutral to a Buy and the price target has been revised to $6. Analysts at Wells Fargo downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in mid September.
Analyzing CMTG Stock Performance
During the last five days, there has been a drop of approximately -2.99%. Over the course of the year, Claros Mortgage Trust Inc shares have dropped approximately -13.72%. Shares of the company reached a 52-week high of $4.64 on 01/02/25 and a 52-week low of $2.13 on 03/04/25. A 50-day SMA is recorded $3.32, while a 200-day SMA reached $6.24.
Support And Resistance Levels for Claros Mortgage Trust Inc (CMTG)
According to the 24-hour chart, there is a support level at 3.78, which, if violated, would cause prices to drop to 3.67. In the upper region, resistance lies at 4.09. The next price resistance is at 4.29. RSI (Relative Strength Index) is 61.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.22, which suggests the price will decrease in the coming days. Percent R is at 24.22%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
