In a filing, GE Aerospace revealed its Vice President Giglietti Robert M. unloaded Company’s shares for reported $0.81 million on Apr 24 ’25. In the deal valued at $196.73 per share,4,104 shares were sold. As a result of this transaction, Giglietti Robert M. now holds 11,540 shares worth roughly $2.32 million.
Then, Giglietti Robert M. sold 957 shares, generating $190,998 in total proceeds. Upon selling the shares at $199.58, the Vice President now owns 10,583 shares.
Before that, Ali Mohamed sold 6,196 shares. GE Aerospace shares valued at $1,223,304 were divested by the Senior Vice President at a price of $197.43 per share. As a result of the transaction, Ali Mohamed now holds 8,384 shares, worth roughly $1.68 million.
Northcoast upgraded its GE Aerospace [GE] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Northcoast began covering GE with “Neutral” recommendation on January 07, 2025. Bernstein maintained its rating on October 14, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock jump 1.22% to $200.86. Over the last five days, the stock has gained 12.62%. GE Aerospace shares have risen nearly 20.43% since the year began. Nevertheless, the stocks have risen 26.18% over the past one year. While a 52-week high of $214.21 was reached on 03/26/25, a 52-week low of $150.20 was recorded on 04/07/25. SMA at 50 days reached $195.97, while 200 days put it at $182.36.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 199.15, which if violated will result in even more drops to 197.43. On the upside, there is a resistance level at 202.03. A further resistance level may holdings at 203.19. The Relative Strength Index (RSI) on the 14-day chart is 58.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 12.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.73%. Stochastics %K at 97.89% indicates the stock is a selling.
How much short interest is there in GE Aerospace?
A steep rise in short interest was recorded in GE Aerospace stocks on 2025-04-15, dropping by -2.33 million shares to a total of 12.16 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 14.49 million shares. There was a decline of -19.18%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on September 10, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $201 price target.
