Cummins Inc’s filing revealed that its Director Stone John H acquired Company’s shares for reported $0.33 million on May 16 ’25. In the deal valued at $332.08 per share,1,000 shares were bought. As a result of this transaction, Stone John H now holds 2,441 shares worth roughly $0.83 million.
Then, Smith Mark Andrew sold 11,430 shares, generating $4,281,359 in total proceeds. Upon selling the shares at $374.57, the VP – Chief Financial Officer now owns 26,122 shares.
Before that, MARK A. SMITH bought 11,430 shares. Cummins Inc shares valued at $4,281,359 were divested by the Officer at a price of $374.57 per share.
Goldman upgraded its Cummins Inc [CMI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who decreased its forecast for the stock in early April from “a Buy” to “a Sell”. BofA Securities also remained covering CMI and has increased its forecast on January 14, 2025 with a “Neutral” recommendation from previously “an Underperform” rating. JP Morgan revised its rating on December 09, 2024. It rated CMI as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of CMI
On Tuesday, Cummins Inc [NYSE:CMI] saw its stock jump 0.51% to $341.94. Over the last five days, the stock has gained 3.38%. Cummins Inc shares have risen nearly 22.10% since the year began. Nevertheless, the stocks have fallen -1.91% over the past one year. While a 52-week high of $387.90 was reached on 02/19/25, a 52-week low of $260.02 was recorded on 04/07/25.
Levels Of Support And Resistance For CMI Stock
The 24-hour chart illustrates a support level at 340.13, which if violated will result in even more drops to 338.33. On the upside, there is a resistance level at 343.36. A further resistance level may holdings at 344.78.
How much short interest is there in Cummins Inc?
A steep rise in short interest was recorded in Cummins Inc stocks on 2025-06-13, dropping by -0.73 million shares to a total of 1.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 2.45 million shares. There was a decline of -42.72%, which implies that there is a negative sentiment for the stock.
