In a filing, Owens Corning revealed its Director MORRIS W HOWARD unloaded Company’s shares for reported $39247.0 on Mar 07 ’25. In the deal valued at $144.29 per share,272 shares were sold. As a result of this transaction, MORRIS W HOWARD now holds 41,722 shares worth roughly $5.41 million.
Then, MORRIS W HOWARD bought 272 shares, generating $39,247 in total proceeds.
Before that, Ball Christopher O sold 2,113 shares. Owens Corning shares valued at $349,617 were divested by the President, Doors at a price of $165.46 per share. As a result of the transaction, Ball Christopher O now holds 26,263 shares, worth roughly $3.41 million.
Deutsche Bank initiated its Owens Corning [OC] rating to a Buy in a research note published on April 01, 2025; the price target was $183. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Equal weight” to “an Overweight”. Barclays also remained covering OC and has increased its forecast on December 11, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Citigroup revised its rating on July 11, 2024. It rated OC as “a Buy” which previously was an “a Neutral”.
Price Performance Review of OC
On Monday, Owens Corning [NYSE:OC] saw its stock fall -3.25% to $129.78. Over the last five days, the stock has lost -9.13%. Owens Corning shares have fallen nearly -23.80% since the year began. Nevertheless, the stocks have fallen -23.18% over the past one year. While a 52-week high of $214.53 was reached on 01/27/25, a 52-week low of $126.15 was recorded on 04/04/25. SMA at 50 days reached $159.08, while 200 days put it at $172.86.
Levels Of Support And Resistance For OC Stock
The 24-hour chart illustrates a support level at 125.39, which if violated will result in even more drops to 121.00. On the upside, there is a resistance level at 135.38. A further resistance level may holdings at 140.97. The Relative Strength Index (RSI) on the 14-day chart is 29.34, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.58%. Stochastics %K at 21.54% indicates the stock is a holding.
How much short interest is there in Owens Corning?
A steep rise in short interest was recorded in Owens Corning stocks on 2025-03-14, growing by 0.28 million shares to a total of 1.25 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.98 million shares. There was a rise of 21.98%, which implies that there is a positive sentiment for the stock.
