Eastman Chemical Co’s recent filing unveils that its SVP & Chf. Mfg. Ofc. Caveness Michelle H unloaded Company’s shares for reported $0.11 million on Mar 03 ’25. In the deal valued at $98.51 per share,1,147 shares were sold. As a result of this transaction, Caveness Michelle H now holds 1,167 shares worth roughly $89578.92000000001.
Then, Caveness Michelle H bought 1,147 shares, generating $112,991 in total proceeds.
Before that, Costa Mark J sold 4,834 shares. Eastman Chemical Co shares valued at $483,787 were divested by the CEO & Board Chair at a price of $100.08 per share. As a result of the transaction, Costa Mark J now holds 446,586 shares, worth roughly $34.28 million.
RBC Capital Mkts upgraded its Eastman Chemical Co [EMN] rating to an Outperform from a a Sector perform in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Mizuho also remained covering EMN and has increased its forecast on April 03, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. BofA Securities revised its rating on January 14, 2025. It rated EMN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of EMN
On Thursday, Eastman Chemical Co [NYSE:EMN] saw its stock fall -0.04% to $76.76. Over the last five days, the stock has gained 0.95%. Eastman Chemical Co shares have fallen nearly -15.94% since the year began. Nevertheless, the stocks have fallen -20.37% over the past one year. While a 52-week high of $114.50 was reached on 02/18/25, a 52-week low of $70.90 was recorded on 04/08/25. SMA at 50 days reached $91.10, while 200 days put it at $97.80.
Levels Of Support And Resistance For EMN Stock
The 24-hour chart illustrates a support level at 76.13, which if violated will result in even more drops to 75.51. On the upside, there is a resistance level at 77.74. A further resistance level may holdings at 78.72. The Relative Strength Index (RSI) on the 14-day chart is 36.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.13%. Stochastics %K at 33.76% indicates the stock is a holding.
How much short interest is there in Eastman Chemical Co?
A steep rise in short interest was recorded in Eastman Chemical Co stocks on 2025-03-31, growing by 53924.0 shares to a total of 2.94 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 2.89 million shares. There was a rise of 1.83%, which implies that there is a positive sentiment for the stock.
