The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Regal Rexnord Corp shares valued at $1,486,564 were sold by Pinkham Louis V. on May 15 ’25. At $140.33 per share, Pinkham Louis V. sold 10,593 shares. The insider’s holdings dropped to 175,954 shares worth approximately $24.93 million following the completion of this transaction.
Also, Pinkham Louis V. purchased 10,593 shares, netting a total of over 1,486,564 in proceeds.
Before that, Pinkham Louis V. had sold 8,774 shares from its account. In a trade valued at $1,579,583, the Chief Executive Officer traded Regal Rexnord Corp shares for $180.03 each. Upon closing the transaction, the insider’s holdings decreased to 8,774 shares, worth approximately $21.2 million.
As published in their initiating research note from Jefferies on December 12, 2024, Regal Rexnord Corp [RRX] has been a Buy and the price target has been revised to $215. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of June 28, 2024, Raymond James has initiated its “Mkt perform” rating for RRX. Earlier on December 11, 2023, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for RRX stock which previously was a “a Peer perform”.
Analyzing RRX Stock Performance
On last trading session,, Regal Rexnord Corp [NYSE: RRX] plunged -1.53% to $141.67. The stock’s lowest price that day was $140.19, but it reached a high of $142.5 in the same session. During the last five days, there has been a surge of approximately 2.35%. Over the course of the year, Regal Rexnord Corp shares have dropped approximately -8.68%.
Support And Resistance Levels for Regal Rexnord Corp (RRX)
RSI (Relative Strength Index) is 61.64 on the 14-day chart, showing neutral technical sentiment.
Is Regal Rexnord Corp subject to short interest?
Stocks of Regal Rexnord Corp saw a sharp rise in short interest on 2025-05-30 jumping by 0.41 million shares to 2.11 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 1.7 million shares. A jump of 19.35% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.41 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.41.