Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Carrier Global Corp shares valued at $2,241,280 were purchased by Kevin O’Connor on Mar 13 ’25. At $65.10 per share, Kevin O’Connor acquired 34,428 shares.
Also, Kevin O’Connor purchased 56,980 shares, netting a total of over 3,726,944 in proceeds.
Before that, Crockett Kyle had sold 18,945 shares from its account. In a trade valued at $1,234,884, the VP, Controller & CAO traded Carrier Global Corp shares for $65.18 each. Upon closing the transaction, the insider’s holdings decreased to 18,945 shares, worth approximately $0.29 million.
As published in a research note from JP Morgan on March 05, 2025, Carrier Global Corp [CARR] has been rated up from a Neutral to an Overweight and the price target has been revised to $78 from $77. Analysts at Wolfe Research upgraded the stock from ‘”a Peer perform”‘ to ‘”an Outperform”‘ outlook in a report released in late February. As of February 14, 2025, Mizuho has increased its “Neutral” rating to a “an Outperform” for CARR.
Analyzing CARR Stock Performance
During the last five days, there has been a surge of approximately 6.72%. Over the course of the year, Carrier Global Corp shares have dropped approximately -8.38%. Shares of the company reached a 52-week high of $70.93 on 01/22/25 and a 52-week low of $54.22 on 04/07/25. A 50-day SMA is recorded $63.38, while a 200-day SMA reached $69.78.
Support And Resistance Levels for Carrier Global Corp (CARR)
According to the 24-hour chart, there is a support level at 60.86, which, if violated, would cause prices to drop to 59.17. In the upper region, resistance lies at 63.45. The next price resistance is at 64.35. RSI (Relative Strength Index) is 54.05 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.36, which suggests the price will increase in the coming days. Percent R is at 2.33%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
