In a filing, Sun Communities, Inc revealed its CEO – Safe Harbor Marinas, LLC Underwood Baxter unloaded Company’s shares for reported $0.39 million on Aug 05 ’24. In the deal valued at $131.43 per share,3,000 shares were sold. As a result of this transaction, Underwood Baxter now holds 63,462 shares worth roughly $8.28 million.
Jefferies initiated its Sun Communities, Inc [SUI] rating to a Buy in a research note published on April 08, 2025; the price target was $150. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. UBS also remained covering SUI and has decreased its forecast on November 14, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 12, 2024. It rated SUI as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of SUI
On Monday, Sun Communities, Inc [NYSE:SUI] saw its stock fall -1.40% to $130.40. Over the last five days, the stock has gained 5.79%. Sun Communities, Inc shares have risen nearly 6.04% since the year began. Nevertheless, the stocks have risen 16.43% over the past one year. While a 52-week high of $147.35 was reached on 03/04/25, a 52-week low of $109.22 was recorded on 04/09/25. SMA at 50 days reached $127.77, while 200 days put it at $128.98.
Levels Of Support And Resistance For SUI Stock
The 24-hour chart illustrates a support level at 129.29, which if violated will result in even more drops to 128.18. On the upside, there is a resistance level at 132.11. A further resistance level may holdings at 133.83. The Relative Strength Index (RSI) on the 14-day chart is 60.36, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.68, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.96%. Stochastics %K at 89.21% indicates the stock is a selling.
How much short interest is there in Sun Communities, Inc?
A steep rise in short interest was recorded in Sun Communities, Inc stocks on 2025-04-15, dropping by -0.45 million shares to a total of 2.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 2.75 million shares. There was a decline of -19.32%, which implies that there is a negative sentiment for the stock.
