GE Aerospace’s recent filing unveils that its Senior Vice President Procacci Riccardo unloaded Company’s shares for reported $1.36 million on May 13 ’25. In the deal valued at $222.38 per share,6,111 shares were sold. As a result of this transaction, Procacci Riccardo now holds 16,739 shares worth roughly $4.14 million.
Then, RICCARDO PROCACCI bought 6,111 shares, generating $1,358,243 in total proceeds.
Before that, Ali Mohamed sold 1,602 shares. GE Aerospace shares valued at $321,473 were divested by the Senior Vice President at a price of $200.67 per share. As a result of the transaction, Ali Mohamed now holds 8,805 shares, worth roughly $2.18 million.
Northcoast downgraded its GE Aerospace [GE] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Northcoast’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Redburn Atlantic began covering GE with “Buy” recommendation on February 18, 2025. Northcoast started covering the stock on January 07, 2025. It rated GE as “a Neutral”.
Price Performance Review of GE
On Monday, GE Aerospace [NYSE:GE] saw its stock jump 0.64% to $247.48. Over the last five days, the stock has gained 6.31%. GE Aerospace shares have risen nearly 48.38% since the year began. Nevertheless, the stocks have risen 51.27% over the past one year. While a 52-week high of $246.86 was reached on 06/02/25, a 52-week low of $150.20 was recorded on 04/07/25. SMA at 50 days reached $207.29, while 200 days put it at $189.60.
Levels Of Support And Resistance For GE Stock
The 24-hour chart illustrates a support level at 245.29, which if violated will result in even more drops to 243.11. On the upside, there is a resistance level at 248.88. A further resistance level may holdings at 250.29. The Relative Strength Index (RSI) on the 14-day chart is 81.20, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 10.41, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.15%. Stochastics %K at 96.64% indicates the stock is a selling.
The most recent change occurred on October 14, 2024 when Bernstein resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $225.
