Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Everus Construction Group shares valued at $50,694 were purchased by Marcy Maximillian J on Feb 25 ’25. At $38.99 per share, Marcy Maximillian J acquired 1,300 shares. The insider’s holdings grew to 5,508 shares worth approximately $0.34 million following the completion of this transaction.
Also, Ryan Edward A purchased 1,400 shares, netting a total of over 53,235 in proceeds. Following the buying of shares at $38.02 each, the insider now holds 14,928 shares.
Before that, DELLA ROCCA MICHAEL had added 1,050 shares to its account. In a trade valued at $49,943, the Director bought Everus Construction Group shares for $47.56 each. Upon closing the transaction, the insider’s holdings increased to 1,050 shares, worth approximately $0.12 million.
As published in their initiating research note from Oppenheimer on December 04, 2024, Everus Construction Group [ECG] has been an Outperform and the price target has been revised to $70. Analysts at Wolfe Research started covering the stock with ‘”a Peer perform”‘ outlook in a report released in early December. As of November 15, 2024, Stifel has initiated its “Buy” rating for ECG. Earlier on November 04, 2024, DA Davidson initiated its rating. Their recommendation was “a Neutral” for ECG stock.
Analyzing ECG Stock Performance
During the last five days, there has been a surge of approximately 26.87%. Over the course of the year, Everus Construction Group shares have dropped approximately -6.86%.
Support And Resistance Levels for Everus Construction Group (ECG)
According to the 24-hour chart, there is a support level at 59.89, which, if violated, would cause prices to drop to 58.53. In the upper region, resistance lies at 62.01. The next price resistance is at 62.77. RSI (Relative Strength Index) is 84.34 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 10.07, which suggests the price will increase in the coming days. Percent R is at 14.20%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
