Franklin Electric Co., Inc’s recently made public that its Director Wathen David M unloaded Company’s shares for reported $2.13 million on Jun 03 ’25. In the deal valued at $85.25 per share,25,000 shares were sold. As a result of this transaction, Wathen David M now holds 24,000 shares worth roughly $2.19 million.
Then, Wathen David M sold 24,000 shares, generating $2,066,486 in total proceeds. Upon selling the shares at $86.10, the Director now owns 0 shares.
Before that, Wathen David M sold 25,402 shares. Franklin Electric Co., Inc shares valued at $2,164,819 were divested by the Director at a price of $85.22 per share. As a result of the transaction, Wathen David M now holds 49,000 shares, worth roughly $4.47 million.
Northcoast upgraded its Franklin Electric Co., Inc [FELE] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid April with a ‘”a Perform”‘ rating. Northcoast also remained covering FELE and has decreased its forecast on August 15, 2022 with a “Neutral” recommendation from previously “Buy” rating. Northcoast started covering the stock on July 15, 2022. It rated FELE as “a Buy”.
Price Performance Review of FELE
On Tuesday, Franklin Electric Co., Inc [NASDAQ:FELE] saw its stock jump 1.00% to $91.22. Over the last five days, the stock has gained 1.91%. Franklin Electric Co., Inc shares have fallen nearly -11.97% since the year began. Nevertheless, the stocks have fallen -6.39% over the past one year. While a 52-week high of $111.94 was reached on 02/18/25, a 52-week low of $78.87 was recorded on 04/29/25.
Levels Of Support And Resistance For FELE Stock
The 24-hour chart illustrates a support level at 90.22, which if violated will result in even more drops to 89.22. On the upside, there is a resistance level at 91.81. A further resistance level may holdings at 92.41.
How much short interest is there in Franklin Electric Co., Inc?
A steep rise in short interest was recorded in Franklin Electric Co., Inc stocks on 2025-06-30, growing by 25625.0 shares to a total of 0.81 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 0.79 million shares. There was a rise of 3.15%, which implies that there is a positive sentiment for the stock.
