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. Cherry Hill Mortgage Investment Corporation shares valued at $47,320 were sold by Cook Sharon L on Mar 25 ’25. At $3.64 per share, Cook Sharon L sold 13,000 shares. The insider’s holdings dropped to 19,513 shares worth approximately $69466.28 following the completion of this transaction.
Also, Cook Sharon L purchased 13,000 shares, netting a total of over 47,320 in proceeds.
Before that, Lown Jeffrey B had added 10,000 shares to its account. In a trade valued at $25,780, the President bought Cherry Hill Mortgage Investment Corporation shares for $2.58 each. Upon closing the transaction, the insider’s holdings increased to 10,000 shares, worth approximately $0.14 million.
As published in their initiating research note from Janney on January 02, 2025, Cherry Hill Mortgage Investment Corporation [CHMI] has been a Buy and the price target has been revised to $4. Analysts at JMP Securities downgraded the stock from ‘”a Mkt outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid August. As of November 10, 2020, Piper Sandler has decreased its “an Overweight” rating to a “Neutral” for CHMI. Earlier on October 10, 2017, FBR & Co. resumed its rating. Their recommendation was “a Buy” for CHMI stock.
Analyzing CHMI Stock Performance
During the last five days, there has been a drop of approximately -0.84%. Over the course of the year, Cherry Hill Mortgage Investment Corporation shares have jumped approximately 34.85%. Shares of the company reached a 52-week high of $3.68 on 02/25/25 and a 52-week low of $2.59 on 01/03/25. A 50-day SMA is recorded $3.41, while a 200-day SMA reached $3.36.
Support And Resistance Levels for Cherry Hill Mortgage Investment Corporation (CHMI)
According to the 24-hour chart, there is a support level at 3.52, which, if violated, would cause prices to drop to 3.48. In the upper region, resistance lies at 3.60. The next price resistance is at 3.64. RSI (Relative Strength Index) is 53.78 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.01, which suggests the price will decrease in the coming days. Percent R is at 33.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
Which companies own the most shares of Cherry Hill Mortgage Investment Corporation (CHMI)?
On March 28, 2017, FBR & Co. assigned a price target of “an Outperform” to the stock and reiterated coverage with a $18.50.
