Wedbush downgrades Cavco Industries Inc (CVCO) stock to a Neutral

Cavco Industries Inc’s recent filing unveils that its Director Greenblatt David A. unloaded Company’s shares for reported $2.12 million on Mar 05 ’25. In the deal valued at $528.88 per share,4,000 shares were sold. As a result of this transaction, Greenblatt David A. now holds 15,286 shares worth roughly $6.13 million.

Then, DAVID ALAN GREENBLATT bought 4,000 shares, generating $2,076,960 in total proceeds.

Before that, BRANDOM JACK S sold 1,000 shares. Cavco Industries Inc shares valued at $538,000 were divested by the President, Financial Services at a price of $538.00 per share. As a result of the transaction, BRANDOM JACK S now holds 1,176 shares, worth roughly $0.47 million.

Wedbush downgraded its Cavco Industries Inc [CVCO] rating to a Neutral from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Wedbush’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “an Outperform”. Craig Hallum also remained covering CVCO and has increased its forecast on September 23, 2020 with a “Buy” recommendation from previously “Hold” rating. Wedbush started covering the stock on July 14, 2020. It rated CVCO as “a Neutral”.

Price Performance Review of CVCO

On Tuesday, Cavco Industries Inc [NASDAQ:CVCO] saw its stock fall -1.32% to $400.95. Over the last five days, the stock has lost -6.67%. Cavco Industries Inc shares have fallen nearly -10.15% since the year began. Nevertheless, the stocks have risen 11.56% over the past one year. While a 52-week high of $549.99 was reached on 05/12/25, a 52-week low of $331.08 was recorded on 06/13/25.

Levels Of Support And Resistance For CVCO Stock

The 24-hour chart illustrates a support level at 393.12, which if violated will result in even more drops to 385.30. On the upside, there is a resistance level at 409.50. A further resistance level may holdings at 418.06.

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