In a filing, GE Aerospace revealed its Senior Vice President Ali Mohamed unloaded Company’s shares for reported $1.22 million on Mar 04 ’25. In the deal valued at $197.43 per share,6,196 shares were sold. As a result of this transaction, Ali Mohamed now holds 8,384 shares worth roughly $1.56 million.
Then, Ali Mohamed bought 6,196 shares, generating $1,226,808 in total proceeds.
Before that, Stokes Russell sold 8,730 shares. GE Aerospace shares valued at $1,756,389 were divested by the Senior Vice President at a price of $201.19 per share. As a result of the transaction, Stokes Russell now holds 153,878 shares, worth roughly $28.62 million.
Northcoast upgraded its GE Aerospace [GE] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Northcoast began covering GE with “Neutral” recommendation on January 07, 2025. Bernstein maintained its rating on October 14, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock jump 2.38% to $186.00. Over the last five days, the stock has gained 10.91%. GE Aerospace shares have risen nearly 11.52% since the year began. Nevertheless, the stocks have risen 17.96% over the past one year. While a 52-week high of $214.21 was reached on 03/26/25, a 52-week low of $146.78 was recorded on 04/07/25. SMA at 50 days reached $198.90, while 200 days put it at $181.10.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 184.02, which if violated will result in even more drops to 182.04. On the upside, there is a resistance level at 187.79. A further resistance level may holdings at 189.59. The Relative Strength Index (RSI) on the 14-day chart is 45.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.43%. Stochastics %K at 43.21% indicates the stock is a holding.
How much short interest is there in GE Aerospace?
A steep rise in short interest was recorded in GE Aerospace stocks on 2025-03-31, dropping by -2.77 million shares to a total of 12.89 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 15.67 million shares. There was a decline of -21.52%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 10, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $201 price target.
