Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nucor Corp shares valued at $4,114,921 were sold by Topalian Leon J on May 01 ’25. At $120.19 per share, Topalian Leon J sold 34,238 shares. The insider’s holdings dropped to 162,993 shares worth approximately $18.04 million following the completion of this transaction.
Also, Topalian Leon J purchased 34,238 shares, netting a total of over 4,114,922 in proceeds.
Before that, Behr Allen C had sold 4,968 shares from its account. In a trade valued at $793,470, the Executive Vice President traded Nucor Corp shares for $159.72 each. Upon closing the transaction, the insider’s holdings decreased to 4,968 shares, worth approximately $9.45 million.
As published in a research note from UBS on March 24, 2025, Nucor Corp [NUE] has been rated up from a Neutral to a Buy and the price target has been revised to $160. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 02, 2024, Goldman has initiated its “Buy” rating for NUE. Earlier on September 09, 2024, JP Morgan upgraded its rating. Their new recommendation was “an Overweight” for NUE stock which previously was a “a Neutral”.
Analyzing NUE Stock Performance
During the last five days, there has been a drop of approximately -4.13%. Over the course of the year, Nucor Corp shares have dropped approximately -5.16%. Shares of the company reached a 52-week high of $143.06 on 02/18/25 and a 52-week low of $97.59 on 04/07/25.
Support And Resistance Levels for Nucor Corp (NUE)
According to the 24-hour chart, there is a support level at 109.77, which, if violated, would cause prices to drop to 108.85. In the upper region, resistance lies at 111.62. The next price resistance is at 112.55. RSI (Relative Strength Index) is 39.33 on the 14-day chart, showing neutral technical sentiment.
