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Eagle Materials Inc [EXP] Investment Appeal on the Rise

In a filing, Eagle Materials Inc revealed its Director NICOLAIS MICHAEL R acquired Company’s shares for reported $79781.0 on Feb 10 ’25. In the deal valued at $257.36 per share,310 shares were bought. As a result of this transaction, NICOLAIS MICHAEL R now holds 3,655 shares worth roughly $0.78 million.

Then, Cribbs Eric sold 1,000 shares, generating $319,640 in total proceeds. Upon selling the shares at $319.64, the President (American Gypsum) now owns 12,937 shares.

Before that, Kesler Dale Craig sold 5,000 shares. Eagle Materials Inc shares valued at $1,550,192 were divested by the EVP and CFO at a price of $310.04 per share. As a result of the transaction, Kesler Dale Craig now holds 60,488 shares, worth roughly $12.83 million.

A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. Jefferies also remained covering EXP and has decreased its forecast on December 16, 2024 with a “Hold” recommendation from previously “Buy” rating. Loop Capital revised its rating on November 25, 2024. It rated EXP as “a Hold” which previously was an “a Buy”.

Price Performance Review of EXP

On Monday, Eagle Materials Inc [NYSE:EXP] saw its stock fall -2.38% to $212.12. Over the last five days, the stock has lost -4.42%. Eagle Materials Inc shares have fallen nearly -14.04% since the year began. Nevertheless, the stocks have fallen -18.42% over the past one year. While a 52-week high of $321.93 was reached on 01/27/25, a 52-week low of $205.44 was recorded on 03/07/25. SMA at 50 days reached $232.30, while 200 days put it at $256.65.

Levels Of Support And Resistance For EXP Stock

The 24-hour chart illustrates a support level at 203.55, which if violated will result in even more drops to 194.98. On the upside, there is a resistance level at 222.84. A further resistance level may holdings at 233.55. The Relative Strength Index (RSI) on the 14-day chart is 39.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.81%. Stochastics %K at 37.67% indicates the stock is a holding.

How much short interest is there in Eagle Materials Inc?

A steep rise in short interest was recorded in Eagle Materials Inc stocks on 2025-03-14, growing by 0.48 million shares to a total of 1.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.9 million shares. There was a rise of 34.89%, which implies that there is a positive sentiment for the stock.

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