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. nVent Electric plc shares valued at $351,123 were purchased by Faulconer Michael B on Mar 06 ’25. At $55.43 per share, Faulconer Michael B acquired 6,334 shares.
Also, BURRIS JERRY W sold 6,558 shares, netting a total of over 524,640 in proceeds. Following the sale of shares at $80.00 each, the insider now holds 45,040 shares.
Before that, van der Kolk Robert J. had sold 4,000 shares from its account. In a trade valued at $312,644, the insider traded nVent Electric plc shares for $78.16 each. Upon closing the transaction, the insider’s holdings decreased to 4,000 shares, worth approximately $1.93 million.
As published in a research note from Seaport Research Partners on March 21, 2025, nVent Electric plc [NVT] has been rated up from a Neutral to a Buy and the price target has been revised to $74. Analysts at CL King upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid March. As of September 04, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for NVT. Earlier on March 11, 2024, Deutsche Bank initiated its rating. Their recommendation was “a Buy” for NVT stock.
Analyzing NVT Stock Performance
During the last five days, there has been a drop of approximately -3.99%. Over the course of the year, nVent Electric plc shares have dropped approximately -19.91%. Shares of the company reached a 52-week high of $78.36 on 01/22/25 and a 52-week low of $51.99 on 03/10/25. A 50-day SMA is recorded $62.58, while a 200-day SMA reached $69.59.
Support And Resistance Levels for nVent Electric plc (NVT)
According to the 24-hour chart, there is a support level at 53.92, which, if violated, would cause prices to drop to 53.24. In the upper region, resistance lies at 55.31. The next price resistance is at 56.02. RSI (Relative Strength Index) is 37.34 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.20, which suggests the price will decrease in the coming days. Percent R is at 65.15%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
