Core & Main Inc’s recently made public that its Chief Accounting Officer Stephens John Weldon unloaded Company’s shares for reported $2.12 million on Apr 02 ’25. In the deal valued at $50.48 per share,41,963 shares were sold. As a result of this transaction, Stephens John Weldon now holds 4,120 shares worth roughly $0.2 million.
Then, John Weldon Stephens bought 83,927 shares, generating $4,144,315 in total proceeds.
Before that, Schaller John R sold 19,292 shares. Core & Main Inc shares valued at $868,140 were divested by the Executive Vice President at a price of $45.00 per share. As a result of the transaction, Schaller John R now holds 15,474 shares, worth roughly $0.75 million.
Deutsche Bank initiated its Core & Main Inc [CNM] rating to a Buy in a research note published on April 01, 2025; the price target was $60. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late September with a ‘”an Overweight”‘ rating. Citigroup also remained covering CNM and has decreased its forecast on April 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. Citigroup revised its rating on January 08, 2024. It rated CNM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CNM
On Friday, Core & Main Inc [NYSE:CNM] saw its stock jump 1.18% to $48.75. Over the last five days, the stock has gained 5.66%. Core & Main Inc shares have fallen nearly -4.24% since the year began. Nevertheless, the stocks have fallen -14.91% over the past one year. While a 52-week high of $62.15 was reached on 01/30/25, a 52-week low of $37.22 was recorded on 04/07/25. SMA at 50 days reached $50.16, while 200 days put it at $48.84.
Levels Of Support And Resistance For CNM Stock
The 24-hour chart illustrates a support level at 47.78, which if violated will result in even more drops to 46.82. On the upside, there is a resistance level at 49.47. A further resistance level may holdings at 50.19. The Relative Strength Index (RSI) on the 14-day chart is 50.68, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.80%. Stochastics %K at 64.23% indicates the stock is a holding.
How much short interest is there in Core & Main Inc?
A steep rise in short interest was recorded in Core & Main Inc stocks on 2025-03-31, growing by 0.25 million shares to a total of 14.41 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 14.16 million shares. There was a rise of 1.71%, which implies that there is a positive sentiment for the stock.
