Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Carpenter Technology Corp shares valued at $807,326 were sold by ACOFF VIOLA L on Mar 04 ’25. At $201.83 per share, ACOFF VIOLA L sold 4,000 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, VIOLA L. ACOFF purchased 4,000 shares, netting a total of over 807,326 in proceeds.
Before that, LAIN TIMOTHY had sold 3,250 shares from its account. In a trade valued at $595,091, the SVP and CFO traded Carpenter Technology Corp shares for $183.10 each. Upon closing the transaction, the insider’s holdings decreased to 3,250 shares, worth approximately $16.18 million.
As published in a research note from Northcoast on April 09, 2025, Carpenter Technology Corp [CRS] has been rated up from a Sell to a Neutral. Analysts at JP Morgan started covering the stock with ‘”an Overweight”‘ outlook in a report released in late November. As of July 30, 2024, BTIG Research has reiterated its “Buy” rating for CRS. Earlier on June 26, 2024, BTIG Research initiated its rating. Their recommendation was “a Buy” for CRS stock.
Analyzing CRS Stock Performance
During the last five days, there has been a surge of approximately 1.46%. Over the course of the year, Carpenter Technology Corp shares have jumped approximately 0.29%. Shares of the company reached a 52-week high of $213.66 on 03/03/25 and a 52-week low of $138.61 on 04/07/25. A 50-day SMA is recorded $185.19, while a 200-day SMA reached $166.51.
Support And Resistance Levels for Carpenter Technology Corp (CRS)
According to the 24-hour chart, there is a support level at 168.51, which, if violated, would cause prices to drop to 166.81. In the upper region, resistance lies at 173.16. The next price resistance is at 176.11. RSI (Relative Strength Index) is 45.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.57, which suggests the price will increase in the coming days. Percent R is at 36.72%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
