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. Chimera Investment Corp shares valued at $166,375 were purchased by CREAGH GERARD on Mar 11 ’25. At $13.31 per share, CREAGH GERARD acquired 12,500 shares. The insider’s holdings grew to 138,127 shares worth approximately $1.77 million following the completion of this transaction.
Also, Macdowell Jack Lee Jr purchased 66,000 shares, netting a total of over 998,580 in proceeds. Following the buying of shares at $15.13 each, the insider now holds 166,000 shares.
Before that, Macdowell Jack Lee Jr had added 50,000 shares to its account. In a trade valued at $745,500, the Chief Investment Officer bought Chimera Investment Corp shares for $14.91 each. Upon closing the transaction, the insider’s holdings increased to 50,000 shares, worth approximately $1.28 million.
As published in their initiating research note from UBS on December 06, 2023, Chimera Investment Corp [CIM] has been a Neutral and the price target has been revised to $5.50. Analysts at Barclays downgraded the stock from ‘”an Equal weight”‘ to ‘”an Underweight”‘ outlook in a report released in early December. As of October 03, 2019, RBC Capital Mkts has initiated its “an Outperform” rating for CIM. Earlier on August 21, 2019, Credit Suisse downgraded its rating. Their new recommendation was “a Neutral” for CIM stock which previously was a “an Outperform”.
Analyzing CIM Stock Performance
During the last five days, there has been a drop of approximately -3.25%. Over the course of the year, Chimera Investment Corp shares have dropped approximately -8.64%. Shares of the company reached a 52-week high of $15.37 on 02/06/25 and a 52-week low of $12.54 on 03/31/25. A 50-day SMA is recorded $13.98, while a 200-day SMA reached $14.59.
Support And Resistance Levels for Chimera Investment Corp (CIM)
According to the 24-hour chart, there is a support level at 12.62, which, if violated, would cause prices to drop to 12.45. In the upper region, resistance lies at 12.89. The next price resistance is at 12.98. RSI (Relative Strength Index) is 29.59 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.54, which suggests the price will decrease in the coming days. Percent R is at 80.92%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
