Sun Communities, Inc’s recently made public that its CEO – Safe Harbor Marinas, LLC Underwood Baxter unloaded Company’s shares for reported $0.39 million on Aug 05 ’24. In the deal valued at $131.43 per share,3,000 shares were sold. As a result of this transaction, Underwood Baxter now holds 63,462 shares worth roughly $7.89 million.
Jefferies initiated its Sun Communities, Inc [SUI] rating to a Buy in a research note published on April 08, 2025; the price target was $150. A number of analysts have revised their coverage, including Truist’s analysts, who increased its forecast for the stock in mid January from “a Hold” to “a Buy”. UBS also remained covering SUI and has decreased its forecast on November 14, 2024 with a “Neutral” recommendation from previously “Buy” rating. BofA Securities revised its rating on November 12, 2024. It rated SUI as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of SUI
On Tuesday, Sun Communities, Inc [NYSE:SUI] saw its stock fall -0.61% to $124.30. Over the last five days, the stock has lost -0.30%. Sun Communities, Inc shares have risen nearly 1.08% since the year began. Nevertheless, the stocks have risen 6.38% over the past one year. While a 52-week high of $147.35 was reached on 03/04/25, a 52-week low of $109.22 was recorded on 04/09/25. SMA at 50 days reached $126.55, while 200 days put it at $128.98.
Levels Of Support And Resistance For SUI Stock
The 24-hour chart illustrates a support level at 122.54, which if violated will result in even more drops to 120.78. On the upside, there is a resistance level at 125.92. A further resistance level may holdings at 127.53. The Relative Strength Index (RSI) on the 14-day chart is 48.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.50, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.71%. Stochastics %K at 33.46% indicates the stock is a holding.
