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. Columbus Mckinnon Corp shares valued at $50,714 were purchased by Bohl Kathryn V on Mar 19 ’25. At $17.99 per share, Bohl Kathryn V acquired 2,819 shares. The insider’s holdings grew to 14,812 shares worth approximately $0.21 million following the completion of this transaction.
Also, Beliveau-Dunn Jeanne purchased 160 shares, netting a total of over 2,934 in proceeds. Following the buying of shares at $18.34 each, the insider now holds 2,576 shares.
Before that, Chintapalli Appal had added 6,000 shares to its account. In a trade valued at $101,760, the President of EMEA & APAC bought Columbus Mckinnon Corp shares for $16.96 each. Upon closing the transaction, the insider’s holdings increased to 6,000 shares, worth approximately $0.38 million.
As published in a research note from DA Davidson on February 18, 2025, Columbus Mckinnon Corp [CMCO] has been rated down from a Buy to a Neutral and the price target has been revised to $35. Analysts at DA Davidson downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid February. As of June 04, 2024, JP Morgan has initiated its “an Overweight” rating for CMCO. Earlier on May 26, 2022, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for CMCO stock which previously was a “an Overweight”.
Analyzing CMCO Stock Performance
During the last five days, there has been a drop of approximately -18.95%. Over the course of the year, Columbus Mckinnon Corp shares have dropped approximately -62.78%. Shares of the company reached a 52-week high of $37.81 on 01/22/25 and a 52-week low of $11.78 on 04/09/25. A 50-day SMA is recorded $20.91, while a 200-day SMA reached $31.65.
Support And Resistance Levels for Columbus Mckinnon Corp (CMCO)
According to the 24-hour chart, there is a support level at 12.40, which, if violated, would cause prices to drop to 10.94. In the upper region, resistance lies at 14.70. The next price resistance is at 15.54. RSI (Relative Strength Index) is 28.21 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.84, which suggests the price will decrease in the coming days. Percent R is at 70.99%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.