Genuine Parts Co’s recent filing unveils that its Board Member WENDY B NEEDHAM acquired Company’s shares for reported $0.5 million on Mar 05 ’25. In the deal valued at $123.28 per share,4,024 shares were bought.
Then, NEEDHAM WENDY B sold 4,024 shares, generating $496,079 in total proceeds. Upon selling the shares at $123.28, the Director now owns 7,333 shares.
Before that, WENDY B NEEDHAM bought 1,608 shares. Genuine Parts Co shares valued at $194,213 were divested by the Director at a price of $120.78 per share.
Goldman downgraded its Genuine Parts Co [GPC] rating to a Sell from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. Loop Capital began covering GPC with “Buy” recommendation on January 16, 2025. UBS started covering the stock on October 12, 2023. It rated GPC as “a Neutral”.
Price Performance Review of GPC
On Tuesday, Genuine Parts Co [NYSE:GPC] saw its stock fall -0.58% to $118.45. Over the last five days, the stock has gained 0.48%. Genuine Parts Co shares have risen nearly 1.45% since the year began. Nevertheless, the stocks have fallen -23.55% over the past one year. While a 52-week high of $164.45 was reached on 03/10/25, a 52-week low of $112.74 was recorded on 02/03/25. SMA at 50 days reached $120.98, while 200 days put it at $128.72.
Levels Of Support And Resistance For GPC Stock
The 24-hour chart illustrates a support level at 116.62, which if violated will result in even more drops to 114.78. On the upside, there is a resistance level at 119.52. A further resistance level may holdings at 120.58. The Relative Strength Index (RSI) on the 14-day chart is 43.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.79, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.62%. Stochastics %K at 19.48% indicates the stock is a buying.
The most recent change occurred on June 28, 2023 when Northcoast began covering the stock and recommended ‘”a Buy”‘ rating along with a $195 price target.
