Genuine Parts Co’s recently made public that its Board Member WENDY B NEEDHAM acquired Company’s shares for reported $0.5 million on Mar 05 ’25. In the deal valued at $123.28 per share,4,024 shares were bought.
Then, NEEDHAM WENDY B sold 4,024 shares, generating $496,079 in total proceeds. Upon selling the shares at $123.28, the Director now owns 7,333 shares.
Before that, WENDY B NEEDHAM bought 1,608 shares. Genuine Parts Co shares valued at $194,213 were divested by the Director at a price of $120.78 per share.
Evercore ISI upgraded its Genuine Parts Co [GPC] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early April from “a Neutral” to “a Sell”. Northcoast also remained covering GPC and has decreased its forecast on January 17, 2025 with a “Neutral” recommendation from previously “Buy” rating. Loop Capital started covering the stock on January 16, 2025. It rated GPC as “a Buy”.
Price Performance Review of GPC
On Monday, Genuine Parts Co [NYSE:GPC] saw its stock fall -0.02% to $125.25. Over the last five days, the stock has lost -2.35%. Genuine Parts Co shares have risen nearly 7.27% since the year began. Nevertheless, the stocks have fallen -12.41% over the past one year.
Levels Of Support And Resistance For GPC Stock
The most recent change occurred on October 12, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $160 price target.
