In a filing, Reliance Inc revealed its Director Mark V. Kaminski acquired Company’s shares for reported $0.47 million on Jun 04 ’25. In the deal valued at $308.22 per share,1,534 shares were bought.
Then, Mark V. Kaminski bought 4,000 shares, generating $1,171,280 in total proceeds.
Before that, Lewis Karla R sold 31,136 shares. Reliance Inc shares valued at $9,357,101 were divested by the President, CEO at a price of $300.52 per share. As a result of the transaction, Lewis Karla R now holds 90,230 shares, worth roughly $28.11 million.
Wolfe Research upgraded its Reliance Inc [RS] rating to a Peer perform from a an Underperform 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 Neutral”‘ rating. Wolfe Research also remained covering RS and has decreased its forecast on July 26, 2024 with a “an Underperform” recommendation from previously “Peer perform” rating. Citigroup revised its rating on April 11, 2024. It rated RS as “a Neutral” which previously was an “a Buy”.
Price Performance Review of RS
On Tuesday, Reliance Inc [NYSE:RS] saw its stock jump 0.80% to $311.59. Over the last five days, the stock has gained 1.09%. Reliance Inc shares have risen nearly 15.72% since the year began. Nevertheless, the stocks have risen 7.65% over the past one year.
How much short interest is there in Reliance Inc?
A steep rise in short interest was recorded in Reliance Inc stocks on 2025-05-15, dropping by 80100.0 shares to a total of 0.9 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 0.98 million shares. There was a decline of -8.9%, which implies that there is a negative sentiment for the stock.
