Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. SPX Technologies Inc shares valued at $13,243,819 were sold by Lowe Eugene Joseph III on Feb 28 ’25. At $145.54 per share, Lowe Eugene Joseph III sold 91,000 shares. The insider’s holdings dropped to 752,241 shares worth approximately $96.54 million following the completion of this transaction.
Also, Lowe Eugene Joseph III purchased 91,000 shares, netting a total of over 13,243,613 in proceeds.
Before that, Nurkin John Webster had added 7,805 shares to its account. In a trade valued at $1,263,382, the Former Officer Within 90 Days bought SPX Technologies Inc shares for $161.87 each.
As published in a research note from Sidoti on February 26, 2025, SPX Technologies Inc [SPXC] has been rated up from a Neutral to a Buy. Analysts at Oppenheimer upgraded the stock from ‘”a Perform”‘ to ‘”an Outperform”‘ outlook in a report released in late February. As of December 06, 2024, Sidoti has decreased its “Buy” rating to a “Neutral” for SPXC. Earlier on November 25, 2024, Wolfe Research initiated its rating. Their recommendation was “an Outperform” for SPXC stock.
Analyzing SPXC Stock Performance
During the last five days, there has been a drop of approximately -1.00%. Over the course of the year, SPX Technologies Inc shares have dropped approximately -11.81%. Shares of the company reached a 52-week high of $159.00 on 02/26/25 and a 52-week low of $115.00 on 04/07/25. A 50-day SMA is recorded $137.52, while a 200-day SMA reached $150.55.
Support And Resistance Levels for SPX Technologies Inc (SPXC)
According to the 24-hour chart, there is a support level at 126.82, which, if violated, would cause prices to drop to 125.31. In the upper region, resistance lies at 129.55. The next price resistance is at 130.78. RSI (Relative Strength Index) is 45.37 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.26, which suggests the price will decrease in the coming days. Percent R is at 39.14%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
