Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Manitowoc Co., Inc shares valued at $21,325 were purchased by Regan Brian P on May 07 ’25. At $8.53 per share, Regan Brian P acquired 2,500 shares. The insider’s holdings grew to 154,441 shares worth approximately $1.52 million following the completion of this transaction.
Also, Ravenscroft Aaron H. purchased 3,000 shares, netting a total of over 26,036 in proceeds. Following the buying of shares at $8.68 each, the insider now holds 690,142 shares.
Before that, Regan Brian P had added 1,200 shares to its account. In a trade valued at $10,633, the EVP & Chief Financial Officer bought Manitowoc Co., Inc shares for $8.86 each. Upon closing the transaction, the insider’s holdings increased to 1,200 shares, worth approximately $1.08 million.
As published in a research note from Wells Fargo on May 01, 2023, Manitowoc Co., Inc [MTW] has been rated up from an Underweight to an Equal weight and the price target has been revised to $17 from $14. Analysts at Goldman downgraded the stock from ‘”a Neutral”‘ to ‘”a Sell”‘ outlook in a report released in early April. As of April 08, 2022, Robert W. Baird has decreased its “an Outperform” rating to a “Neutral” for MTW. Earlier on March 11, 2022, Wells Fargo initiated its rating. Their recommendation was “an Underweight” for MTW stock.
Analyzing MTW Stock Performance
During the last five days, there has been a surge of approximately 20.64%. Over the course of the year, Manitowoc Co., Inc shares have jumped approximately 7.56%. Shares of the company reached a 52-week high of $12.19 on 02/19/25 and a 52-week low of $7.06 on 04/09/25. A 50-day SMA is recorded $8.73, while a 200-day SMA reached $9.67.
Support And Resistance Levels for Manitowoc Co., Inc (MTW)
According to the 24-hour chart, there is a support level at 9.01, which, if violated, would cause prices to drop to 8.21. In the upper region, resistance lies at 10.34. The next price resistance is at 10.86. RSI (Relative Strength Index) is 70.56 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.73, which suggests the price will decrease in the coming days. Percent R is at 8.24%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
