McCormick & Co., Inc’s recent filing unveils that its V.P. & Controller Repas Gregory unloaded Company’s shares for reported $0.22 million on Apr 03 ’25. In the deal valued at $81.42 per share,2,750 shares were sold. As a result of this transaction, Repas Gregory now holds 2,266 shares worth roughly $0.17 million.
Then, Kurzius Lawrence Erik sold 50,000 shares, generating $4,090,300 in total proceeds. Upon selling the shares at $81.81, the Director now owns 247,437 shares.
Before that, Montiel Maritza Gomez sold 5,912 shares. McCormick & Co., Inc shares valued at $488,745 were divested by the Director at a price of $82.67 per share. As a result of the transaction, Montiel Maritza Gomez now holds 6,938 shares, worth roughly $0.53 million.
Argus downgraded its McCormick & Co., Inc [MKC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. Jefferies also remained covering MKC and has increased its forecast on December 09, 2024 with a “Buy” recommendation from previously “Hold” rating. Citigroup revised its rating on June 12, 2024. It rated MKC as “a Neutral” which previously was an “a Sell”.
Price Performance Review of MKC
On Tuesday, McCormick & Co., Inc [NYSE:MKC] saw its stock jump 1.43% to $75.74. Over the last five days, the stock has lost -2.40%. McCormick & Co., Inc shares have fallen nearly -0.66% since the year began. Nevertheless, the stocks have risen 4.18% over the past one year. While a 52-week high of $86.24 was reached on 03/10/25, a 52-week low of $66.88 was recorded on 01/13/25. SMA at 50 days reached $79.41, while 200 days put it at $78.27.
Levels Of Support And Resistance For MKC Stock
The 24-hour chart illustrates a support level at 74.63, which if violated will result in even more drops to 73.52. On the upside, there is a resistance level at 76.43. A further resistance level may holdings at 77.12. The Relative Strength Index (RSI) on the 14-day chart is 44.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.78, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.22%. Stochastics %K at 36.42% indicates the stock is a holding.
How much short interest is there in McCormick & Co., Inc?
A steep rise in short interest was recorded in McCormick & Co., Inc stocks on 2025-03-31, dropping by -0.65 million shares to a total of 5.93 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 6.57 million shares. There was a decline of -10.88%, which implies that there is a negative sentiment for the stock.
