In a filing, Ecolab, Inc revealed its EVP & CHIEF TECHNICAL OFFICER Berger Larry L unloaded Company’s shares for reported $2.9 million on Feb 26 ’25. In the deal valued at $266.95 per share,10,858 shares were sold. As a result of this transaction, Berger Larry L now holds 15,744 shares worth roughly $3.93 million.
Then, Bradway Jennifer J sold 856 shares, generating $228,866 in total proceeds. Upon selling the shares at $267.37, the SVP & CORPORATE CONTROLLER now owns 4,140 shares.
Before that, Larry L. Berger bought 10,858 shares. Ecolab, Inc shares valued at $2,884,862 were divested by the Officer at a price of $265.69 per share.
Redburn Atlantic downgraded its Ecolab, Inc [ECL] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late January from “an Equal-weight” to “an Overweight”. BMO Capital Markets also remained covering ECL and has increased its forecast on December 17, 2024 with a “an Outperform” recommendation from previously “Market perform” rating. UBS revised its rating on November 04, 2024. It rated ECL as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ECL
On Friday, Ecolab, Inc [NYSE:ECL] saw its stock fall -1.25% to $249.51. Over the last five days, the stock has lost -0.59%. Ecolab, Inc shares have risen nearly 6.48% since the year began. Nevertheless, the stocks have risen 9.32% over the past one year. While a 52-week high of $273.69 was reached on 03/03/25, a 52-week low of $217.05 was recorded on 01/13/25. SMA at 50 days reached $255.54, while 200 days put it at $247.91.
Levels Of Support And Resistance For ECL Stock
The 24-hour chart illustrates a support level at 247.76, which if violated will result in even more drops to 246.02. On the upside, there is a resistance level at 252.69. A further resistance level may holdings at 255.88. The Relative Strength Index (RSI) on the 14-day chart is 38.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.85%. Stochastics %K at 18.46% indicates the stock is a buying.
How much short interest is there in Ecolab, Inc?
A steep rise in short interest was recorded in Ecolab, Inc stocks on 2025-03-14, dropping by -0.44 million shares to a total of 1.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.38 million shares. There was a decline of -22.58%, which implies that there is a negative sentiment for the stock.