Silgan Holdings Inc’s recent filing unveils that its Officer Prinzen B Frederik acquired Company’s shares for reported $0.13 million on May 06 ’25. In the deal valued at $54.85 per share,2,378 shares were bought.
Then, Greenlee Adam J sold 125,000 shares, generating $6,840,762 in total proceeds. Upon selling the shares at $54.73, the President and CEO now owns 227,332 shares.
Before that, Greenlee Adam J bought 125,000 shares. Silgan Holdings Inc shares valued at $6,800,000 were divested by the Officer at a price of $54.40 per share.
JP Morgan upgraded its Silgan Holdings Inc [SLGN] rating to an Overweight from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Raymond James’s analysts, who increased its forecast for the stock in late April from “an Outperform” to “a Strong buy”. JP Morgan also remained covering SLGN and has increased its forecast on August 01, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Citigroup revised its rating on July 08, 2024. It rated SLGN as “a Buy” which previously was an “a Neutral”.
Price Performance Review of SLGN
On Tuesday, Silgan Holdings Inc [NYSE:SLGN] saw its stock fall -0.70% to $54.15. Over the last five days, the stock has gained 3.24%. Silgan Holdings Inc shares have risen nearly 4.03% since the year began. Nevertheless, the stocks have risen 19.30% over the past one year. While a 52-week high of $58.14 was reached on 01/29/25, a 52-week low of $41.14 was recorded on 04/09/25. SMA at 50 days reached $50.84, while 200 days put it at $51.84.
Levels Of Support And Resistance For SLGN Stock
The 24-hour chart illustrates a support level at 53.92, which if violated will result in even more drops to 53.68. On the upside, there is a resistance level at 54.45. A further resistance level may holdings at 54.74. The Relative Strength Index (RSI) on the 14-day chart is 63.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.68%. Stochastics %K at 90.64% indicates the stock is a selling.
