Cleveland-Cliffs Inc’s recently made public that its EVP Chief Legal Admin & Sec Graham James D unloaded Company’s shares for reported $0.82 million on May 23 ’25. In the deal valued at $6.85 per share,120,000 shares were sold. As a result of this transaction, Graham James D now holds 492,249 shares worth roughly $3.83 million.
Then, Graham James D bought 120,000 shares, generating $822,038 in total proceeds.
Before that, BALDWIN JOHN T bought 4,000 shares. Cleveland-Cliffs Inc shares valued at $34,800 were divested by the Director at a price of $8.70 per share. As a result of the transaction, BALDWIN JOHN T now holds 133,227 shares, worth roughly $1.04 million.
Jefferies downgraded its Cleveland-Cliffs Inc [CLF] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. Seaport Research Partners also remained covering CLF and has increased its forecast on August 27, 2024 with a “Buy” recommendation from previously “Neutral” rating. JP Morgan revised its rating on June 11, 2024. It rated CLF as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of CLF
On Monday, Cleveland-Cliffs Inc [NYSE:CLF] saw its stock jump 2.37% to $7.78. Over the last five days, the stock has gained 8.36%. Cleveland-Cliffs Inc shares have fallen nearly -17.23% since the year began. Nevertheless, the stocks have fallen -51.74% over the past one year. While a 52-week high of $16.47 was reached on 02/11/25, a 52-week low of $5.63 was recorded on 05/30/25. SMA at 50 days reached $7.50, while 200 days put it at $10.42.
Levels Of Support And Resistance For CLF Stock
The 24-hour chart illustrates a support level at 7.62, which if violated will result in even more drops to 7.46. On the upside, there is a resistance level at 7.93. A further resistance level may holdings at 8.09. The Relative Strength Index (RSI) on the 14-day chart is 55.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.59, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.52%. Stochastics %K at 84.74% indicates the stock is a selling.
The most recent change occurred on May 20, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $22 price target.
