Core & Main Inc’s recent filing unveils that its Chief Accounting Officer Stephens John Weldon unloaded Company’s shares for reported $1.68 million on Apr 29 ’25. In the deal valued at $53.03 per share,31,750 shares were sold. As a result of this transaction, Stephens John Weldon now holds 4,120 shares worth roughly $0.22 million.
Then, Stephens John Weldon sold 10,214 shares, generating $541,573 in total proceeds. Upon selling the shares at $53.02, the Chief Accounting Officer now owns 4,120 shares.
Before that, Jeffrey D. Giles bought 40,000 shares. Core & Main Inc shares valued at $2,090,400 were divested by the Officer at a price of $52.26 per share.
Deutsche Bank initiated its Core & Main Inc [CNM] rating to a Buy in a research note published on April 01, 2025; the price target was $60. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late September with a ‘”an Overweight”‘ rating. Citigroup also remained covering CNM and has decreased its forecast on April 05, 2024 with a “Neutral” recommendation from previously “Buy” rating. Citigroup revised its rating on January 08, 2024. It rated CNM as “a Buy” which previously was an “a Neutral”.
Price Performance Review of CNM
On Friday, Core & Main Inc [NYSE:CNM] saw its stock jump 3.06% to $54.14. Over the last five days, the stock has gained 4.84%. Core & Main Inc shares have risen nearly 6.34% since the year began. Nevertheless, the stocks have fallen -9.25% over the past one year. While a 52-week high of $62.15 was reached on 01/30/25, a 52-week low of $37.22 was recorded on 04/07/25. SMA at 50 days reached $49.82, while 200 days put it at $48.95.
Levels Of Support And Resistance For CNM Stock
The 24-hour chart illustrates a support level at 53.12, which if violated will result in even more drops to 52.10. On the upside, there is a resistance level at 54.66. A further resistance level may holdings at 55.18. The Relative Strength Index (RSI) on the 14-day chart is 59.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.55%. Stochastics %K at 69.05% indicates the stock is a holding.
