Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Standard Motor Products, Inc shares valued at $299,336 were sold by BURKS DALE on Mar 11 ’25. At $27.20 per share, BURKS DALE sold 11,005 shares. The insider’s holdings dropped to 56,860 shares worth approximately $1.35 million following the completion of this transaction.
Also, BURKS DALE purchased 11,005 shares, netting a total of over 299,354 in proceeds.
Before that, Nicholas Ray had sold 4,730 shares from its account. In a trade valued at $161,340, the CIO & VP IT traded Standard Motor Products, Inc shares for $34.11 each. Upon closing the transaction, the insider’s holdings decreased to 4,730 shares, worth approximately $1.1 million.
As published in their initiating research note from MKM Partners on June 10, 2022, Standard Motor Products, Inc [SMP] has been a Buy and the price target has been revised to $62. Analysts at CL King upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late June. As of December 20, 2019, Stephens has initiated its “an Overweight” rating for SMP. Earlier on July 09, 2018, CL King downgraded its rating. Their new recommendation was “a Neutral” for SMP stock which previously was a “a Buy”.
Analyzing SMP Stock Performance
During the last five days, there has been a surge of approximately 6.96%. Over the course of the year, Standard Motor Products, Inc shares have dropped approximately -23.11%. Shares of the company reached a 52-week high of $32.24 on 01/27/25 and a 52-week low of $21.38 on 04/11/25. A 50-day SMA is recorded $27.00, while a 200-day SMA reached $30.46.
Support And Resistance Levels for Standard Motor Products, Inc (SMP)
According to the 24-hour chart, there is a support level at 23.45, which, if violated, would cause prices to drop to 23.07. In the upper region, resistance lies at 24.07. The next price resistance is at 24.31. RSI (Relative Strength Index) is 44.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.03, which suggests the price will decrease in the coming days. Percent R is at 34.54%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
