Cummins Inc’s recent filing unveils that its Director Stone John H acquired Company’s shares for reported $0.33 million on May 16 ’25. In the deal valued at $332.08 per share,1,000 shares were bought. As a result of this transaction, Stone John H now holds 2,441 shares worth roughly $0.77 million.
Then, Smith Mark Andrew sold 11,430 shares, generating $4,281,359 in total proceeds. Upon selling the shares at $374.57, the VP – Chief Financial Officer now owns 26,122 shares.
Before that, MARK A. SMITH bought 11,430 shares. Cummins Inc shares valued at $4,281,359 were divested by the Officer at a price of $374.57 per share.
Goldman upgraded its Cummins Inc [CMI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Sell”. BofA Securities also remained covering CMI and has increased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “an Underperform” rating. JP Morgan revised its rating on December 09, 2024. It rated CMI as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of CMI
On Tuesday, Cummins Inc [NYSE:CMI] saw its stock fall -2.33% to $314.80. Over the last five days, the stock has lost -3.73%. Cummins Inc shares have fallen nearly -9.70% since the year began. Nevertheless, the stocks have risen 16.43% over the past one year. While a 52-week high of $387.90 was reached on 02/19/25, a 52-week low of $260.02 was recorded on 04/07/25.
Levels Of Support And Resistance For CMI Stock
The 24-hour chart illustrates a support level at 312.71, which if violated will result in even more drops to 310.61. On the upside, there is a resistance level at 318.48. A further resistance level may holdings at 322.15.
