In a filing, GE Aerospace revealed its Senior Vice President Ali Mohamed unloaded Company’s shares for reported $0.32 million on Apr 29 ’25. In the deal valued at $200.67 per share,1,602 shares were sold. As a result of this transaction, Ali Mohamed now holds 8,805 shares worth roughly $1.89 million.
Then, Ali Mohamed sold 421 shares, generating $84,002 in total proceeds. Upon selling the shares at $199.53, the Senior Vice President now owns 8,384 shares.
Before that, Mohamed Ali bought 2,023 shares. GE Aerospace shares valued at $405,956 were divested by the Officer at a price of $200.67 per share.
Northcoast upgraded its GE Aerospace [GE] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who began to cover the stock in mid February with a ‘”a Buy”‘ rating. Northcoast began covering GE with “Neutral” recommendation on January 07, 2025. Bernstein maintained its rating on October 14, 2024. It rated GE as “an Outperform”.
Price Performance Review of GE
On Friday, GE Aerospace [NYSE:GE] saw its stock jump 0.22% to $214.96. Over the last five days, the stock has gained 3.50%. GE Aerospace shares have risen nearly 28.88% since the year began. Nevertheless, the stocks have risen 27.36% over the past one year. While a 52-week high of $216.80 was reached on 05/08/25, a 52-week low of $150.20 was recorded on 04/07/25. SMA at 50 days reached $196.60, while 200 days put it at $184.45.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 213.08, which if violated will result in even more drops to 211.21. On the upside, there is a resistance level at 216.48. A further resistance level may holdings at 218.00. The Relative Strength Index (RSI) on the 14-day chart is 69.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 9.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.30%. Stochastics %K at 95.66% indicates the stock is a selling.
The most recent change occurred on September 10, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $201 price target.