Sealed Air Corp’s recent filing unveils that its Director Keizer Henry R. acquired Company’s shares for reported $33600.0 on Mar 11 ’25. In the deal valued at $30.00 per share,1,120 shares were bought. As a result of this transaction, Keizer Henry R. now holds 35,000 shares worth roughly $1.01 million.
Then, Thomsen Jannick bought 8,361 shares, generating $273,909 in total proceeds.
Raymond James upgraded its Sealed Air Corp [SEE] rating to a Strong buy from a a Mkt perform in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early September with a ‘”an Equal-weight”‘ rating. Jefferies also remained covering SEE and has decreased its forecast on August 09, 2024 with a “Hold” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on July 19, 2024. It rated SEE as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of SEE
On Friday, Sealed Air Corp [NYSE:SEE] saw its stock fall -1.89% to $29.00. Over the last five days, the stock has lost -0.34%. Sealed Air Corp shares have fallen nearly -14.28% since the year began. Nevertheless, the stocks have fallen -19.24% over the past one year. While a 52-week high of $41.14 was reached on 02/25/25, a 52-week low of $28.67 was recorded on 03/21/25. SMA at 50 days reached $32.65, while 200 days put it at $34.64.
Levels Of Support And Resistance For SEE Stock
The 24-hour chart illustrates a support level at 28.65, which if violated will result in even more drops to 28.31. On the upside, there is a resistance level at 29.47. A further resistance level may holdings at 29.95. The Relative Strength Index (RSI) on the 14-day chart is 33.47, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.29, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.77%. Stochastics %K at 23.39% indicates the stock is a holding.
How much short interest is there in Sealed Air Corp?
A steep rise in short interest was recorded in Sealed Air Corp stocks on 2025-03-14, growing by 2.54 million shares to a total of 7.98 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.44 million shares. There was a rise of 31.88%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 09, 2024 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $47 price target.