Construction Partners Inc’s recently made public that its President and CEO Smith Fred Julius III acquired Company’s shares for reported $0.69 million on Apr 14 ’25. In the deal valued at $73.83 per share,9,333 shares were bought. As a result of this transaction, Smith Fred Julius III now holds 9,333 shares worth roughly $0.85 million.
Then, Flowers Robert P. sold 3,333 shares, generating $246,075 in total proceeds. Upon selling the shares at $73.83, the Senior Vice President now owns 46,601 shares.
Before that, Fleming Ned N. IV bought 9,333 shares. Construction Partners Inc shares valued at $689,055 were divested by the Member of 10% owner group at a price of $73.83 per share. As a result of the transaction, Fleming Ned N. IV now holds 9,333 shares, worth roughly $0.85 million.
Sidoti downgraded its Construction Partners Inc [ROAD] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Neutral”. Sidoti started covering the stock on June 01, 2022. It rated ROAD as “a Buy”.
Price Performance Review of ROAD
On Tuesday, Construction Partners Inc [NASDAQ:ROAD] saw its stock jump 2.03% to $91.16. Over the last five days, the stock has gained 12.31%. Construction Partners Inc shares have risen nearly 3.05% since the year began. Nevertheless, the stocks have risen 77.67% over the past one year. While a 52-week high of $103.69 was reached on 01/22/25, a 52-week low of $51.63 was recorded on 04/07/25. SMA at 50 days reached $75.44, while 200 days put it at $77.44.
Levels Of Support And Resistance For ROAD Stock
The 24-hour chart illustrates a support level at 88.69, which if violated will result in even more drops to 86.21. On the upside, there is a resistance level at 92.74. A further resistance level may holdings at 94.31. The Relative Strength Index (RSI) on the 14-day chart is 70.55, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 3.36%. Stochastics %K at 94.42% indicates the stock is a selling.
