Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Commercial Metals Co shares valued at $100,040 were purchased by McPherson John R on Apr 04 ’25. At $40.42 per share, McPherson John R acquired 2,475 shares. The insider’s holdings grew to 15,141 shares worth approximately $0.65 million following the completion of this transaction.
Also, MATT PETER R purchased 6,100 shares, netting a total of over 294,630 in proceeds. Following the buying of shares at $48.30 each, the insider now holds 129,417 shares.
Before that, Smith Barbara had added 55,975 shares to its account. In a trade valued at $3,046,668, the Former Officer bought Commercial Metals Co shares for $54.43 each.
As published in a research note from UBS on January 10, 2025, Commercial Metals Co [CMC] has been rated up from a Sell to a Neutral and the price target has been revised to $54 from $56. Analysts at Exane BNP Paribas downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in early January. Earlier on December 12, 2024, UBS downgraded its rating. Their new recommendation was “a Sell” for CMC stock which previously was a “a Buy”.
Analyzing CMC Stock Performance
During the last five days, there has been a surge of approximately 3.77%. Over the course of the year, Commercial Metals Co shares have dropped approximately -12.78%. Shares of the company reached a 52-week high of $53.42 on 02/18/25 and a 52-week low of $37.92 on 04/04/25. A 50-day SMA is recorded $46.22, while a 200-day SMA reached $52.28.
Support And Resistance Levels for Commercial Metals Co (CMC)
According to the 24-hour chart, there is a support level at 42.58, which, if violated, would cause prices to drop to 41.89. In the upper region, resistance lies at 44.59. The next price resistance is at 45.91. RSI (Relative Strength Index) is 47.44 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.76, which suggests the price will decrease in the coming days. Percent R is at 33.58%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
