Modine Manufacturing Co’s filing revealed that its Director WULFSOHN WILLIAM A acquired Company’s shares for reported $0.2 million on Mar 03 ’25. In the deal valued at $79.43 per share,2,530 shares were bought. As a result of this transaction, WULFSOHN WILLIAM A now holds 7,277 shares worth roughly $0.55 million.
Then, Lucareli Michael B sold 17,541 shares, generating $1,754,100 in total proceeds. Upon selling the shares at $100.00, the EVP, CFO now owns 132,531 shares.
Before that, Lucareli Michael B sold 27,500 shares. Modine Manufacturing Co shares valued at $2,819,380 were divested by the EVP, CFO at a price of $102.52 per share. As a result of the transaction, Lucareli Michael B now holds 135,031 shares, worth roughly $10.24 million.
B. Riley Securities reiterated its Modine Manufacturing Co [MOD] rating to a Buy in a research note published on August 01, 2024; the price target was $140. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late July with a ‘”an Outperform”‘ rating. Oppenheimer began covering MOD with “an Outperform” recommendation on March 19, 2024.
Price Performance Review of MOD
On Thursday, Modine Manufacturing Co [NYSE:MOD] saw its stock jump 0.57% to $75.86. Over the last five days, the stock has lost -1.95%. Modine Manufacturing Co shares have fallen nearly -34.56% since the year began. Nevertheless, the stocks have fallen -16.05% over the past one year. While a 52-week high of $146.84 was reached on 01/22/25, a 52-week low of $64.79 was recorded on 04/04/25. SMA at 50 days reached $83.94, while 200 days put it at $110.57.
Levels Of Support And Resistance For MOD Stock
The 24-hour chart illustrates a support level at 74.50, which if violated will result in even more drops to 73.15. On the upside, there is a resistance level at 77.05. A further resistance level may holdings at 78.25. The Relative Strength Index (RSI) on the 14-day chart is 44.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.16%. Stochastics %K at 53.61% indicates the stock is a holding.
How much short interest is there in Modine Manufacturing Co?
A steep rise in short interest was recorded in Modine Manufacturing Co stocks on 2025-03-31, growing by 0.76 million shares to a total of 4.84 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.08 million shares. There was a rise of 15.68%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 07, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
