Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Nordson Corp shares valued at $268,620 were sold by Lovass Stephen on Jan 07 ’25. At $206.79 per share, Lovass Stephen sold 1,299 shares. The insider’s holdings dropped to 7,347 shares worth approximately $1.39 million following the completion of this transaction.
Also, Lovass Stephen purchased 1,299 shares, netting a total of over 268,620 in proceeds.
Before that, Lovass Stephen had sold 317 shares from its account. In a trade valued at $82,658, the Executive Vice President traded Nordson Corp shares for $260.75 each. Upon closing the transaction, the insider’s holdings decreased to 317 shares, worth approximately $1.26 million.
As published in a research note from KeyBanc Capital Markets on March 04, 2025, Nordson Corp [NDSN] has been rated up from a Sector weight to an Overweight and the price target has been revised to $260. Analysts at Exane BNP Paribas downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in late February. As of January 22, 2025, Loop Capital has increased its “Hold” rating to a “Buy” for NDSN. Earlier on December 17, 2024, Seaport Research Partners upgraded its rating. Their new recommendation was “a Buy” for NDSN stock which previously was a “a Neutral”.
Analyzing NDSN Stock Performance
During the last five days, there has been a surge of approximately 2.62%. Over the course of the year, Nordson Corp shares have dropped approximately -9.40%. Shares of the company reached a 52-week high of $224.52 on 01/28/25 and a 52-week low of $165.03 on 04/09/25. A 50-day SMA is recorded $198.76, while a 200-day SMA reached $229.87.
Support And Resistance Levels for Nordson Corp (NDSN)
According to the 24-hour chart, there is a support level at 186.07, which, if violated, would cause prices to drop to 182.57. In the upper region, resistance lies at 191.58. The next price resistance is at 193.59. RSI (Relative Strength Index) is 49.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 4.35, which suggests the price will increase in the coming days. Percent R is at 14.45%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
