In a filing, Deere & Co revealed its President, JD Financial & CIO Kalathur Rajesh unloaded Company’s shares for reported $12.3 million on Feb 18 ’25. In the deal valued at $500.61 per share,24,580 shares were sold. As a result of this transaction, Kalathur Rajesh now holds 74,878 shares worth roughly $38.11 million.
Then, Kalathur Rajesh bought 24,580 shares, generating $12,304,906 in total proceeds.
Melius upgraded its Deere & Co [DE] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in early March from “an Outperform” to “a Neutral”. Jefferies also remained covering DE and has decreased its forecast on December 06, 2024 with a “Hold” recommendation from previously “Buy” rating. Oppenheimer maintained its rating on November 22, 2024. It rated DE as “an Outperform”.
Price Performance Review of DE
On Tuesday, Deere & Co [NYSE:DE] saw its stock fall -0.27% to $508.91. Over the last five days, the stock has gained 0.08%. Deere & Co shares have risen nearly 40.28% since the year began. Nevertheless, the stocks have risen 20.11% over the past one year. While a 52-week high of $533.78 was reached on 05/16/25, a 52-week low of $340.20 was recorded on 01/10/25.
Levels Of Support And Resistance For DE Stock
The 24-hour chart illustrates a support level at 505.92, which if violated will result in even more drops to 502.94. On the upside, there is a resistance level at 513.31. A further resistance level may holdings at 517.72.
How much short interest is there in Deere & Co?
A steep rise in short interest was recorded in Deere & Co stocks on 2025-06-13, dropping by -0.58 million shares to a total of 3.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 4.37 million shares. There was a decline of -15.4%, which implies that there is a negative sentiment for the stock.
