Corning, Inc’s filing revealed that its SVP Emerging Innovations Group Verkleeren Ronald L unloaded Company’s shares for reported $1.01 million on Jun 11 ’25. In the deal valued at $50.52 per share,20,000 shares were sold. As a result of this transaction, Verkleeren Ronald L now holds 54,288 shares worth roughly $2.79 million.
Then, Ronald Verkleeren bought 20,000 shares, generating $1,010,380 in total proceeds.
Before that, Musser Eric S sold 20,000 shares. Corning, Inc shares valued at $1,022,284 were divested by the President and COO at a price of $51.11 per share. As a result of the transaction, Musser Eric S now holds 183,130 shares, worth roughly $9.42 million.
HSBC Securities upgraded its Corning, Inc [GLW] rating to a Buy from a a Hold in a research note published on January 30, 2025; the price target was increased to $60 from $51. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “an Outperform”. Deutsche Bank also remained covering GLW and has increased its forecast on July 31, 2024 with a “Buy” recommendation from previously “Hold” rating. HSBC Securities revised its rating on July 09, 2024. It rated GLW as “a Hold” which previously was an “a Reduce”.
Price Performance Review of GLW
On Tuesday, Corning, Inc [NYSE:GLW] saw its stock fall -0.73% to $51.42. Over the last five days, the stock has gained 1.26%. Corning, Inc shares have risen nearly 29.03% since the year began. Nevertheless, the stocks have risen 8.21% over the past one year. While a 52-week high of $55.33 was reached on 01/29/25, a 52-week low of $37.18 was recorded on 04/07/25.
Levels Of Support And Resistance For GLW Stock
The 24-hour chart illustrates a support level at 51.04, which if violated will result in even more drops to 50.66. On the upside, there is a resistance level at 52.06. A further resistance level may holdings at 52.70.
How much short interest is there in Corning, Inc?
A steep rise in short interest was recorded in Corning, Inc stocks on 2025-05-30, growing by 4.26 million shares to a total of 14.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 10.7 million shares. There was a rise of 28.5%, which implies that there is a positive sentiment for the stock.
