Corning, Inc’s recently made public that its SVP Emerging Innovations Group Verkleeren Ronald L unloaded Company’s shares for reported $1.01 million on Jun 11 ’25. In the deal valued at $50.52 per share,20,000 shares were sold. As a result of this transaction, Verkleeren Ronald L now holds 54,288 shares worth roughly $2.93 million.
Then, Ronald Verkleeren bought 20,000 shares, generating $1,010,380 in total proceeds.
Before that, Musser Eric S sold 20,000 shares. Corning, Inc shares valued at $1,022,284 were divested by the President and COO at a price of $51.11 per share. As a result of the transaction, Musser Eric S now holds 183,130 shares, worth roughly $9.89 million.
Wolfe Research initiated its Corning, Inc [GLW] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including HSBC Securities’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Mizuho also remained covering GLW and has increased its forecast on August 21, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Deutsche Bank revised its rating on July 31, 2024. It rated GLW as “a Buy” which previously was an “a Hold”.
Price Performance Review of GLW
On Tuesday, Corning, Inc [NYSE:GLW] saw its stock jump 0.22% to $54.02. Over the last five days, the stock has gained 2.86%. Corning, Inc shares have risen nearly 20.07% since the year began. Nevertheless, the stocks have risen 13.68% over the past one year. While a 52-week high of $55.33 was reached on 01/29/25, a 52-week low of $37.18 was recorded on 04/07/25.
Levels Of Support And Resistance For GLW Stock
The 24-hour chart illustrates a support level at 53.50, which if violated will result in even more drops to 52.97. On the upside, there is a resistance level at 54.34. A further resistance level may holdings at 54.65.
How much short interest is there in Corning, Inc?
A steep rise in short interest was recorded in Corning, Inc stocks on 2025-06-30, dropping by -1.7 million shares to a total of 13.26 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-30 was 14.97 million shares. There was a decline of -12.83%, which implies that there is a negative sentiment for the stock.
