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. RPM International, Inc shares valued at $80,467 were sold by Nance Frederick R. on Nov 14 ’24. At $135.47 per share, Nance Frederick R. sold 594 shares. The insider’s holdings dropped to 8,526 shares worth approximately $0.99 million following the completion of this transaction.
Also, Nance Frederick R. purchased 594 shares, netting a total of over 80,149 in proceeds.
Before that, Laroche Michael J. had sold 3,615 shares from its account. In a trade valued at $459,611, the VP, Controller & CAO traded RPM International, Inc shares for $127.14 each. Upon closing the transaction, the insider’s holdings decreased to 3,615 shares, worth approximately $1.35 million.
As published in a research note from Wells Fargo on January 08, 2025, RPM International, Inc [RPM] has been rated up from an Equal weight to an Overweight and the price target has been revised to $140 from $134. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late July. As of July 16, 2024, Vertical Research has increased its “Hold” rating to a “Buy” for RPM. Earlier on January 12, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for RPM stock.
Analyzing RPM Stock Performance
During the last five days, there has been a surge of approximately 0.19%. Over the course of the year, RPM International, Inc shares have dropped approximately -5.66%. Shares of the company reached a 52-week high of $128.70 on 01/22/25 and a 52-week low of $112.10 on 03/21/25. A 50-day SMA is recorded $122.01, while a 200-day SMA reached $122.24.
Support And Resistance Levels for RPM International, Inc (RPM)
According to the 24-hour chart, there is a support level at 115.19, which, if violated, would cause prices to drop to 114.29. In the upper region, resistance lies at 117.18. The next price resistance is at 118.26. RSI (Relative Strength Index) is 41.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.51, which suggests the price will decrease in the coming days. Percent R is at 67.61%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
