Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Timken Co shares valued at $1,188,000 were sold by Kyle Richard G on Feb 25 ’25. At $79.20 per share, Kyle Richard G sold 15,000 shares. The insider’s holdings dropped to 160,649 shares worth approximately $9.79 million following the completion of this transaction.
Also, Kyle Richard G purchased 15,000 shares, netting a total of over 1,188,000 in proceeds.
Before that, Kyle Richard G had sold 10,380 shares from its account. In a trade valued at $863,097, the Director traded Timken Co shares for $83.15 each. Upon closing the transaction, the insider’s holdings decreased to 10,380 shares, worth approximately $10.71 million.
As published in a research note from Jefferies on April 02, 2025, Timken Co [TKR] has been rated down from a Buy to a Hold and the price target has been revised to $70. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Neutral”‘ outlook in a report released in early February. As of December 17, 2024, Morgan Stanley has increased its “an Equal-weight” rating to a “an Overweight” for TKR. Earlier on December 09, 2024, Citigroup upgraded its rating. Their new recommendation was “a Buy” for TKR stock which previously was a “a Neutral”.
Analyzing TKR Stock Performance
During the last five days, there has been a drop of approximately -4.15%. Over the course of the year, Timken Co shares have dropped approximately -14.57%. Shares of the company reached a 52-week high of $84.26 on 02/20/25 and a 52-week low of $56.20 on 04/09/25. A 50-day SMA is recorded $74.20, while a 200-day SMA reached $78.38.
Support And Resistance Levels for Timken Co (TKR)
According to the 24-hour chart, there is a support level at 60.21, which, if violated, would cause prices to drop to 59.45. In the upper region, resistance lies at 61.84. The next price resistance is at 62.71. RSI (Relative Strength Index) is 35.52 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.16, which suggests the price will decrease in the coming days. Percent R is at 73.39%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
