Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Matson Inc shares valued at $193,275 were sold by Sullivan John Warren on Mar 14 ’25. At $128.85 per share, Sullivan John Warren sold 1,500 shares. The insider’s holdings dropped to 13,192 shares worth approximately $1.34 million following the completion of this transaction.
Also, Sullivan John Warren purchased 1,500 shares, netting a total of over 193,268 in proceeds.
Before that, Lauer John P had sold 7,985 shares from its account. In a trade valued at $1,075,818, the EVP & Chief Commercial Officer traded Matson Inc shares for $134.73 each. Upon closing the transaction, the insider’s holdings decreased to 7,985 shares, worth approximately $2.57 million.
As published in a research note from Wolfe Research on November 18, 2024, Matson Inc [MATX] has been rated down from an Outperform to a Peer perform. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in early October. As of November 17, 2022, Wolfe Research has increased its “an Underperform” rating to a “Peer perform” for MATX. Earlier on August 16, 2022, Wolfe Research initiated its rating. Their recommendation was “an Underperform” for MATX stock.
Analyzing MATX Stock Performance
During the last five days, there has been a drop of approximately -11.52%. Over the course of the year, Matson Inc shares have dropped approximately -24.41%. Shares of the company reached a 52-week high of $154.23 on 02/26/25 and a 52-week low of $98.98 on 04/09/25. A 50-day SMA is recorded $132.73, while a 200-day SMA reached $136.98.
Support And Resistance Levels for Matson Inc (MATX)
According to the 24-hour chart, there is a support level at 99.79, which, if violated, would cause prices to drop to 97.64. In the upper region, resistance lies at 104.75. The next price resistance is at 107.57. RSI (Relative Strength Index) is 26.12 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -16.90, which suggests the price will decrease in the coming days. Percent R is at 91.56%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
