Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Eastman Chemical Co shares valued at $112,991 were sold by Caveness Michelle H on Mar 03 ’25. At $98.51 per share, Caveness Michelle H sold 1,147 shares. The insider’s holdings dropped to 1,167 shares worth approximately $95087.16 following the completion of this transaction.
Also, Caveness Michelle H purchased 1,147 shares, netting a total of over 112,991 in proceeds.
Before that, Costa Mark J had sold 4,834 shares from its account. In a trade valued at $483,787, the CEO & Board Chair traded Eastman Chemical Co shares for $100.08 each. Upon closing the transaction, the insider’s holdings decreased to 4,834 shares, worth approximately $36.39 million.
As published in a research note from RBC Capital Mkts on April 09, 2025, Eastman Chemical Co [EMN] has been rated up from a Sector perform to an Outperform and the price target has been revised to $91. Analysts at Citigroup upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of April 03, 2025, Mizuho has increased its “Neutral” rating to a “an Outperform” for EMN. Earlier on January 14, 2025, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for EMN stock which previously was a “a Neutral”.
Analyzing EMN Stock Performance
During the last five days, there has been a drop of approximately -7.71%. Over the course of the year, Eastman Chemical Co shares have dropped approximately -10.78%. Shares of the company reached a 52-week high of $103.82 on 02/18/25 and a 52-week low of $70.90 on 04/08/25. A 50-day SMA is recorded $93.59, while a 200-day SMA reached $98.41.
Support And Resistance Levels for Eastman Chemical Co (EMN)
According to the 24-hour chart, there is a support level at 74.52, which, if violated, would cause prices to drop to 67.55. In the upper region, resistance lies at 85.23. The next price resistance is at 88.99. RSI (Relative Strength Index) is 40.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -8.45, which suggests the price will decrease in the coming days. Percent R is at 47.23%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
