Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nucor Corp shares valued at $1,303,712 were purchased by QUERY KENNETH REX on Jun 26 ’25. At $130.37 per share, QUERY KENNETH REX acquired 10,000 shares.
Also, Needham Daniel R. sold 7,088 shares, netting a total of over 906,343 in proceeds. Following the sale of shares at $127.87 each, the insider now holds 99,379 shares.
Before that, Needham Daniel R. had added 7,088 shares to its account. In a trade valued at $906,343, the Officer bought Nucor Corp shares for $127.87 each.
As published in a research note from BMO Capital Markets on June 02, 2025, Nucor Corp [NUE] has been rated up from a Market perform to an Outperform and the price target has been revised to $145. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late March. As of December 12, 2024, UBS has decreased its “Buy” rating to a “Neutral” for NUE. Earlier on December 02, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for NUE stock.
Analyzing NUE Stock Performance
On last trading session,, Nucor Corp [NYSE: NUE] rose 1.87% to $130.61. The stock’s lowest price that day was $128.78, but it reached a high of $131.3199 in the same session. During the last five days, there has been a surge of approximately 3.51%. Over the course of the year, Nucor Corp shares have dropped approximately -16.04%. Shares of the company reached a 52-week high of $143.06 on 02/18/25 and a 52-week low of $97.59 on 04/07/25.
Support And Resistance Levels for Nucor Corp (NUE)
According to the 24-hour chart, there is a support level at 129.15, which, if violated, would cause prices to drop to 127.70. In the upper region, resistance lies at 131.69. The next price resistance is at 132.78. RSI (Relative Strength Index) is 66.55 on the 14-day chart, showing neutral technical sentiment.
Is Nucor Corp subject to short interest?
Stocks of Nucor Corp saw a sharp rise in short interest on 2025-06-13 jumping by 1.04 million shares to 6.8 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.76 million shares. A jump of 15.27% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.62 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.62.
Which companies own the most shares of Nucor Corp (NUE)?
In terms of Nucor Corp share price expectations, FactSet research, analysts set an average price target of 160 in the next 12 months, up nearly 24.8% from the previous closing price of $128.21. Analysts anticipate Nucor Corp stock to reach 164 by 2025, with the lowest price target being 155. In spite of this, 11 analysts ranked Nucor Corp stock as Hold at the end of 2025. On September 09, 2024, JP Morgan assigned a price target of “an Overweight” to the stock and upgraded coverage with a $174.
