Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Deere & Co shares valued at $12,304,921 were sold by Kalathur Rajesh on Feb 18 ’25. At $500.61 per share, Kalathur Rajesh sold 24,580 shares. The insider’s holdings dropped to 74,878 shares worth approximately $35.37 million following the completion of this transaction.
Also, Kalathur Rajesh purchased 24,580 shares, netting a total of over 12,304,906 in proceeds.
Before that, Reed Cory J had sold 13,370 shares from its account. In a trade valued at $5,048,913, the Pres Ag & Turf, Prod & Prec Ag traded Deere & Co shares for $377.63 each. Upon closing the transaction, the insider’s holdings decreased to 13,370 shares, worth approximately $19.67 million.
As published in a research note from Robert W. Baird on March 03, 2025, Deere & Co [DE] has been rated down from an Outperform to a Neutral and the price target has been revised to $501. Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early December. As of November 22, 2024, Oppenheimer has reiterated its “an Outperform” rating for DE. Earlier on August 19, 2024, HSBC Securities downgraded its rating. Their new recommendation was “a Hold” for DE stock which previously was a “a Buy”.
Analyzing DE Stock Performance
During the last five days, there has been a surge of approximately 1.91%. Over the course of the year, Deere & Co shares have jumped approximately 11.49%. Shares of the company reached a 52-week high of $515.05 on 02/19/25 and a 52-week low of $403.01 on 01/10/25. A 50-day SMA is recorded $466.95, while a 200-day SMA reached $429.69.
Support And Resistance Levels for Deere & Co (DE)
According to the 24-hour chart, there is a support level at 468.64, which, if violated, would cause prices to drop to 464.88. In the upper region, resistance lies at 476.78. The next price resistance is at 481.17. RSI (Relative Strength Index) is 54.13 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.80, which suggests the price will increase in the coming days. Percent R is at 35.33%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
