Matson Inc’s recent filing unveils that its Senior Vice President Sullivan John Warren unloaded Company’s shares for reported $0.19 million on Mar 14 ’25. In the deal valued at $128.85 per share,1,500 shares were sold. As a result of this transaction, Sullivan John Warren now holds 13,192 shares worth roughly $1.44 million.
Then, Sullivan John Warren bought 1,500 shares, generating $193,268 in total proceeds.
Before that, Lauer John P sold 7,985 shares. Matson Inc shares valued at $1,075,818 were divested by the EVP & Chief Commercial Officer at a price of $134.73 per share. As a result of the transaction, Lauer John P now holds 25,192 shares, worth roughly $2.75 million.
Wolfe Research downgraded its Matson Inc [MATX] rating to a Peer perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wolfe Research’s analysts, who increased its forecast for the stock in early October from “a Peer perform” to “an Outperform”. Wolfe Research also remained covering MATX and has increased its forecast on November 17, 2022 with a “Peer perform” recommendation from previously “an Underperform” rating. Wolfe Research started covering the stock on August 16, 2022. It rated MATX as “an Underperform”.
Price Performance Review of MATX
On Monday, Matson Inc [NYSE:MATX] saw its stock fall -2.78% to $109.04. Over the last five days, the stock has lost -14.93%. Matson Inc shares have fallen nearly -19.13% since the year began. Nevertheless, the stocks have fallen -0.96% over the past one year. While a 52-week high of $169.12 was reached on 02/26/25, a 52-week low of $100.50 was recorded on 04/07/25. SMA at 50 days reached $134.79, while 200 days put it at $137.32.
Levels Of Support And Resistance For MATX Stock
The 24-hour chart illustrates a support level at 105.26, which if violated will result in even more drops to 101.47. On the upside, there is a resistance level at 114.25. A further resistance level may holdings at 119.45. The Relative Strength Index (RSI) on the 14-day chart is 24.68, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -14.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.35%. Stochastics %K at 9.33% indicates the stock is a buying.
How much short interest is there in Matson Inc?
A steep rise in short interest was recorded in Matson Inc stocks on 2025-03-14, dropping by -0.2 million shares to a total of 1.28 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.48 million shares. There was a decline of -16.05%, which implies that there is a negative sentiment for the stock.
