In a filing, Nucor Corp revealed its Chair, President and CEO Topalian Leon J unloaded Company’s shares for reported $4.11 million on May 01 ’25. In the deal valued at $120.19 per share,34,238 shares were sold. As a result of this transaction, Topalian Leon J now holds 162,993 shares worth roughly $19.83 million.
Then, Topalian Leon J bought 34,238 shares, generating $4,114,922 in total proceeds.
Before that, Behr Allen C sold 4,968 shares. Nucor Corp shares valued at $793,470 were divested by the Executive Vice President at a price of $159.72 per share. As a result of the transaction, Behr Allen C now holds 85,376 shares, worth roughly $10.39 million.
BMO Capital Markets upgraded its Nucor Corp [NUE] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. UBS also remained covering NUE and has decreased its forecast on December 12, 2024 with a “Neutral” recommendation from previously “Buy” rating. Goldman started covering the stock on December 02, 2024. It rated NUE as “a Buy”.
Price Performance Review of NUE
On Monday, Nucor Corp [NYSE:NUE] saw its stock fall -0.21% to $121.67. Over the last five days, the stock has lost -0.70%. Nucor Corp shares have risen nearly 4.25% since the year began. Nevertheless, the stocks have fallen -21.22% over the past one year. While a 52-week high of $170.52 was reached on 02/18/25, a 52-week low of $97.59 was recorded on 04/07/25.
Levels Of Support And Resistance For NUE Stock
The 24-hour chart illustrates a support level at 120.29, which if violated will result in even more drops to 118.90. On the upside, there is a resistance level at 123.25. A further resistance level may holdings at 124.82.
