Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cavco Industries Inc shares valued at $2,115,520 were sold by Greenblatt David A. on Mar 05 ’25. At $528.88 per share, Greenblatt David A. sold 4,000 shares. The insider’s holdings dropped to 15,286 shares worth approximately $7.3 million following the completion of this transaction.
Also, DAVID ALAN GREENBLATT purchased 4,000 shares, netting a total of over 2,076,960 in proceeds.
Before that, BRANDOM JACK S had sold 1,000 shares from its account. In a trade valued at $538,000, the President, Financial Services traded Cavco Industries Inc shares for $538.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,000 shares, worth approximately $0.56 million.
As published in a research note from Wedbush on December 03, 2024, Cavco Industries Inc [CVCO] has been rated down from an Outperform to a Neutral and the price target has been revised to $480. Analysts at Wedbush upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early August. As of September 23, 2020, Craig Hallum has increased its “Hold” rating to a “Buy” for CVCO. Earlier on July 14, 2020, Wedbush initiated its rating. Their recommendation was “a Neutral” for CVCO stock.
Analyzing CVCO Stock Performance
During the last five days, there has been a surge of approximately 2.30%. Over the course of the year, Cavco Industries Inc shares have jumped approximately 7.06%. Shares of the company reached a 52-week high of $542.47 on 02/18/25 and a 52-week low of $428.50 on 01/13/25. A 50-day SMA is recorded $512.00, while a 200-day SMA reached $453.70.
Support And Resistance Levels for Cavco Industries Inc (CVCO)
According to the 24-hour chart, there is a support level at 470.40, which, if violated, would cause prices to drop to 463.05. In the upper region, resistance lies at 483.85. The next price resistance is at 489.94. RSI (Relative Strength Index) is 43.96 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -10.66, which suggests the price will decrease in the coming days. Percent R is at 65.24%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
