Nucor Corp’s recent filing unveils that its Executive Vice President QUERY KENNETH REX unloaded Company’s shares for reported $1.3 million on Jun 26 ’25. In the deal valued at $130.37 per share,10,000 shares were sold. As a result of this transaction, QUERY KENNETH REX now holds 94,080 shares worth roughly $12.88 million.
Then, QUERY KENNETH REX bought 10,000 shares, generating $1,303,712 in total proceeds.
Before that, Needham Daniel R. sold 7,088 shares. Nucor Corp shares valued at $906,343 were divested by the Executive Vice President at a price of $127.87 per share. As a result of the transaction, Needham Daniel R. now holds 99,379 shares, worth roughly $13.61 million.
BMO Capital Markets upgraded its Nucor Corp [NUE] rating to an Outperform from a a Market perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late March from “a Neutral” to “a Buy”. UBS also remained covering NUE and has decreased its forecast on December 12, 2024 with a “Neutral” recommendation from previously “Buy” rating. Goldman started covering the stock on December 02, 2024. It rated NUE as “a Buy”.
Price Performance Review of NUE
On Monday, Nucor Corp [NYSE:NUE] saw its stock fall -0.67% to $136.95. Over the last five days, the stock has gained 4.20%. Nucor Corp shares have fallen nearly -12.47% since the year began. Nevertheless, the stocks have risen 17.34% over the past one year. While a 52-week high of $170.52 was reached on 02/18/25, a 52-week low of $97.59 was recorded on 04/07/25.
Levels Of Support And Resistance For NUE Stock
The 24-hour chart illustrates a support level at 135.56, which if violated will result in even more drops to 134.16. On the upside, there is a resistance level at 138.73. A further resistance level may holdings at 140.50.
How much short interest is there in Nucor Corp?
A steep rise in short interest was recorded in Nucor Corp stocks on 2025-06-13, growing by 1.04 million shares to a total of 6.8 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.76 million shares. There was a rise of 15.27%, which implies that there is a positive sentiment for the stock.
