The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Reliance Inc shares valued at $472,809 were purchased by Mark V. Kaminski on Jun 04 ’25. At $308.22 per share, Mark V. Kaminski acquired 1,534 shares.
Also, Mark V. Kaminski purchased 4,000 shares, netting a total of over 1,171,280 in proceeds.
Before that, Lewis Karla R had sold 31,136 shares from its account. In a trade valued at $9,357,101, the President, CEO traded Reliance Inc shares for $300.52 each. Upon closing the transaction, the insider’s holdings decreased to 31,136 shares, worth approximately $29.5 million.
As published in a research note from Wolfe Research on January 08, 2025, Reliance Inc [RS] has been rated up from an Underperform to a Peer perform. Analysts at Goldman started covering the stock with ‘”a Neutral”‘ outlook in a report released in early December. As of July 26, 2024, Wolfe Research has decreased its “Peer perform” rating to a “an Underperform” for RS. Earlier on April 11, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for RS stock which previously was a “a Buy”.
Analyzing RS Stock Performance
On last trading session, Reliance Inc [NYSE: RS] rose 0.47% to $326.96. The stock’s lowest price that day was $324.225, but it reached a high of $328.2665 in the same session. During the last five days, there has been a surge of approximately 3.91%. Over the course of the year, Reliance Inc shares have jumped approximately 16.78%. Shares of the company reached a 52-week high of $328.27 on 07/03/25 and a 52-week low of $250.07 on 04/07/25.
Support And Resistance Levels for Reliance Inc (RS)
According to the 24-hour chart, there is a support level at 324.70, which, if violated, would cause prices to drop to 322.44. In the upper region, resistance lies at 328.74. The next price resistance is at 330.53. RSI (Relative Strength Index) is 71.82 on the 14-day chart, showing overbought technical sentiment.
Is Reliance Inc subject to short interest?
Stocks of Reliance Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.35 million shares to 1.25 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 0.9 million shares. A jump of 28.04% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.65 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.65.
Which companies own the most shares of Reliance Inc (RS)?
In terms of Reliance Inc share price expectations, FactSet research, analysts set an average price target of 277.5 in the next 12 months, down nearly -14.73% from the previous closing price of $325.44. Analysts anticipate Reliance Inc stock to reach 325 by 2025, with the lowest price target being 230. In spite of this, 3 analysts ranked Reliance Inc stock as Buy at the end of 2025.
