The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Reliance Inc shares valued at $472,809 were purchased by Mark V. Kaminski on Jun 04 ’25. At $308.22 per share, Mark V. Kaminski acquired 1,534 shares.
Also, Mark V. Kaminski purchased 4,000 shares, netting a total of over 1,171,280 in proceeds.
Before that, Lewis Karla R had sold 31,136 shares from its account. In a trade valued at $9,357,101, the President, CEO traded Reliance Inc shares for $300.52 each. Upon closing the transaction, the insider’s holdings decreased to 31,136 shares, worth approximately $27.84 million.
As published in a research note from Wolfe Research on January 08, 2025, Reliance Inc [RS] has been rated up from an Underperform to a Peer perform. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of July 26, 2024, Wolfe Research has decreased its “Peer perform” rating to a “an Underperform” for RS. Earlier on April 11, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for RS stock which previously was a “a Buy”.
Analyzing RS Stock Performance
During the last five days, there has been a surge of approximately 4.40%. Over the course of the year, Reliance Inc shares have jumped approximately 14.60%. Shares of the company reached a 52-week high of $313.99 on 06/04/25 and a 52-week low of $250.07 on 04/07/25.
Support And Resistance Levels for Reliance Inc (RS)
According to the 24-hour chart, there is a support level at 306.15, which, if violated, would cause prices to drop to 303.74. In the upper region, resistance lies at 312.49. The next price resistance is at 316.41. RSI (Relative Strength Index) is 62.63 on the 14-day chart, showing neutral technical sentiment.
