Corning, Inc’s recent filing unveils that its President and COO Musser Eric S unloaded Company’s shares for reported $1.02 million on Jun 06 ’25. In the deal valued at $51.11 per share,20,000 shares were sold. As a result of this transaction, Musser Eric S now holds 183,130 shares worth roughly $9.27 million.
Then, Eric Musser bought 20,000 shares, generating $1,022,259 in total proceeds.
Before that, Schlesinger Edward A sold 4,464 shares. Corning, Inc shares valued at $222,534 were divested by the Exec. Vice President and CFO at a price of $49.85 per share. As a result of the transaction, Schlesinger Edward A now holds 92,398 shares, worth roughly $4.68 million.
HSBC Securities upgraded its Corning, Inc [GLW] rating to a Buy from a a Hold in a research note published on January 30, 2025; the price target was increased to $60 from $51. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “an Outperform”. Deutsche Bank also remained covering GLW and has increased its forecast on July 31, 2024 with a “Buy” recommendation from previously “Hold” rating. HSBC Securities revised its rating on July 09, 2024. It rated GLW as “a Hold” which previously was an “a Reduce”.
Price Performance Review of GLW
On Tuesday, Corning, Inc [NYSE:GLW] saw its stock fall -0.55% to $50.61. Over the last five days, the stock has lost -0.33%. Corning, Inc shares have risen nearly 6.50% since the year began. Nevertheless, the stocks have risen 35.32% over the past one year.
How much short interest is there in Corning, Inc?
A steep rise in short interest was recorded in Corning, Inc stocks on 2025-05-15, growing by 1.58 million shares to a total of 12.67 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 11.09 million shares. There was a rise of 12.49%, which implies that there is a positive sentiment for the stock.
