In a filing, Owens Corning revealed its President, Doors Marcon Rachel Barthelemy unloaded Company’s shares for reported $0.2 million on May 16 ’25. In the deal valued at $145.41 per share,1,357 shares were sold. As a result of this transaction, Marcon Rachel Barthelemy now holds 12,089 shares worth roughly $1.6 million.
Then, Marcon Rachel Barthelemy bought 1,357 shares, generating $197,324 in total proceeds.
Before that, MORRIS W HOWARD sold 272 shares. Owens Corning shares valued at $39,247 were divested by the Director at a price of $144.29 per share. As a result of the transaction, MORRIS W HOWARD now holds 41,722 shares, worth roughly $5.53 million.
Wolfe Research upgraded its Owens Corning [OC] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Wells Fargo also remained covering OC and has increased its forecast on December 17, 2024 with a “an Overweight” recommendation from previously “an Equal weight” rating. Barclays revised its rating on December 11, 2024. It rated OC as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of OC
On Monday, Owens Corning [NYSE:OC] saw its stock fall -1.05% to $132.55. Over the last five days, the stock has lost -0.93%. Owens Corning shares have fallen nearly -22.18% since the year began. Nevertheless, the stocks have fallen -23.88% over the past one year. While a 52-week high of $214.53 was reached on 01/27/25, a 52-week low of $123.40 was recorded on 04/09/25. SMA at 50 days reached $140.04, while 200 days put it at $166.70.
Levels Of Support And Resistance For OC Stock
The 24-hour chart illustrates a support level at 130.54, which if violated will result in even more drops to 128.52. On the upside, there is a resistance level at 134.06. A further resistance level may holdings at 135.58. The Relative Strength Index (RSI) on the 14-day chart is 41.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.95%. Stochastics %K at 19.26% indicates the stock is a buying.
