In a filing, Modine Manufacturing Co revealed its Officer Michael B Lucareli acquired Company’s shares for reported $8.67 million on May 19 ’25. In the deal valued at $102.00 per share,85,000 shares were bought.
Then, WULFSOHN WILLIAM A bought 2,530 shares, generating $200,958 in total proceeds. Upon buying the shares at $79.43, the Director now owns 7,277 shares.
Before that, Lucareli Michael B sold 17,541 shares. Modine Manufacturing Co shares valued at $1,754,100 were divested by the EVP, CFO at a price of $100.00 per share. As a result of the transaction, Lucareli Michael B now holds 132,531 shares, worth roughly $12.02 million.
B. Riley Securities reiterated its Modine Manufacturing Co [MOD] rating to a Buy in a research note published on August 01, 2024; the price target was $140. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late July with a ‘”an Outperform”‘ rating. Oppenheimer began covering MOD with “an Outperform” recommendation on March 19, 2024.
Price Performance Review of MOD
On Monday, Modine Manufacturing Co [NYSE:MOD] saw its stock fall -3.13% to $90.69. Over the last five days, the stock has gained 2.14%. Modine Manufacturing Co shares have fallen nearly -21.77% since the year began. Nevertheless, the stocks have fallen -5.76% over the past one year. While a 52-week high of $146.84 was reached on 01/22/25, a 52-week low of $64.79 was recorded on 04/04/25. SMA at 50 days reached $86.57, while 200 days put it at $107.89.
Levels Of Support And Resistance For MOD Stock
The 24-hour chart illustrates a support level at 89.46, which if violated will result in even more drops to 88.23. On the upside, there is a resistance level at 93.15. A further resistance level may holdings at 95.61. The Relative Strength Index (RSI) on the 14-day chart is 48.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.59%. Stochastics %K at 21.82% indicates the stock is a holding.
The most recent change occurred on June 07, 2023 when B. Riley Securities began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
