SPX Technologies Inc’s filing revealed that its PRESIDENT AND CEO Lowe Eugene Joseph III unloaded Company’s shares for reported $13.24 million on Feb 28 ’25. In the deal valued at $145.54 per share,91,000 shares were sold. As a result of this transaction, Lowe Eugene Joseph III now holds 752,241 shares worth roughly $91.55 million.
Then, Lowe Eugene Joseph III bought 91,000 shares, generating $13,243,613 in total proceeds.
Before that, Nurkin John Webster bought 7,805 shares. SPX Technologies Inc shares valued at $1,263,382 were divested by the Former Officer Within 90 Days at a price of $161.87 per share.
Sidoti upgraded its SPX Technologies Inc [SPXC] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who increased its forecast for the stock in late February from “a Perform” to “an Outperform”. Sidoti also remained covering SPXC and has decreased its forecast on December 06, 2024 with a “Neutral” recommendation from previously “Buy” rating. Wolfe Research started covering the stock on November 25, 2024. It rated SPXC as “an Outperform”.
Price Performance Review of SPXC
On Monday, SPX Technologies Inc [NYSE:SPXC] saw its stock fall -0.52% to $121.70. Over the last five days, the stock has lost -5.50%. SPX Technologies Inc shares have fallen nearly -16.37% since the year began. Nevertheless, the stocks have risen 0.92% over the past one year. While a 52-week high of $183.83 was reached on 02/26/25, a 52-week low of $116.05 was recorded on 04/07/25. SMA at 50 days reached $140.37, while 200 days put it at $151.07.
Levels Of Support And Resistance For SPXC Stock
The 24-hour chart illustrates a support level at 114.61, which if violated will result in even more drops to 107.52. On the upside, there is a resistance level at 129.18. A further resistance level may holdings at 136.66. The Relative Strength Index (RSI) on the 14-day chart is 34.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.76, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.58%. Stochastics %K at 21.93% indicates the stock is a holding.
How much short interest is there in SPX Technologies Inc?
A steep rise in short interest was recorded in SPX Technologies Inc stocks on 2025-03-14, growing by 87395.0 shares to a total of 0.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.63 million shares. There was a rise of 12.11%, which implies that there is a positive sentiment for the stock.
