Buying Buzz: Illinois Tool Works, Inc [ITW] Director SMITH DAVID BYRON JR acquires 872 shares of the company

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Illinois Tool Works, Inc shares valued at $210,292 were purchased by SMITH DAVID BYRON JR on Jun 02 ’25. At $241.16 per share, SMITH DAVID BYRON JR acquired 872 shares. The insider’s holdings grew to 122,884 shares worth approximately $30.31 million following the completion of this transaction.

Also, Schott Jennifer Kaplan purchased 3,559 shares, netting a total of over 871,955 in proceeds.

Before that, Schott Jennifer Kaplan had added 3,500 shares to its account. In a trade valued at $822,500, the Former Officer bought Illinois Tool Works, Inc shares for $235.00 each.

As published in a research note from BofA Securities on May 07, 2025, Illinois Tool Works, Inc [ITW] has been rated down from a Neutral to an Underperform and the price target has been revised to $220. Analysts at Deutsche Bank upgraded the stock from ‘”a Sell”‘ to ‘”a Hold”‘ outlook in a report released in mid February. As of December 05, 2024, Barclays has increased its “an Underweight” rating to a “an Equal weight” for ITW. Earlier on November 13, 2024, Evercore ISI downgraded its rating. Their new recommendation was “an Underperform” for ITW stock which previously was a “an In-line”.

Analyzing ITW Stock Performance

During the last five days, there has been a surge of approximately 0.04%. Over the course of the year, Illinois Tool Works, Inc shares have dropped approximately -2.74%. Shares of the company reached a 52-week high of $278.13 on 03/10/25 and a 52-week low of $214.66 on 04/08/25.

Support And Resistance Levels for Illinois Tool Works, Inc (ITW)

According to the 24-hour chart, there is a support level at 245.28, which, if violated, would cause prices to drop to 243.94. In the upper region, resistance lies at 248.69. The next price resistance is at 250.77. RSI (Relative Strength Index) is 52.25 on the 14-day chart, showing neutral technical sentiment.

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