Nucor Corp (NUE) may enjoy gains as insiders got busy in the recent days

Nucor Corp’s recent filing unveils that its Officer QUERY KENNETH REX acquired Company’s shares for reported $1.45 million on Aug 18 ’25. In the deal valued at $145.41 per share,10,000 shares were bought.

Then, Needham Daniel R. bought 7,200 shares, generating $1,051,200 in total proceeds.

Before that, Utermark D. Chad bought 1,827 shares. Nucor Corp shares valued at $258,174 were divested by the Former Officer at a price of $141.31 per share.

Wells Fargo initiated its Nucor Corp [NUE] rating to an Equal weight in a research note published on August 14, 2025; the price target was $145. A number of analysts have revised their coverage, including Jefferies’s analysts, who increased its forecast for the stock in late July from “a Hold” to “a Buy”. BMO Capital Markets also remained covering NUE and has increased its forecast on June 02, 2025 with a “an Outperform” recommendation from previously “Market perform” rating. UBS revised its rating on March 24, 2025. It rated NUE as “a Buy” which previously was an “a Neutral”.

Price Performance Review of NUE

On Tuesday, Nucor Corp [NYSE:NUE] saw its stock jump 0.87% to $145.91. Over the last five days, the stock has gained 3.17%. Nucor Corp shares have risen nearly 0.48% since the year began. Nevertheless, the stocks have risen 25.02% over the past one year. While a 52-week high of $170.52 was reached on 08/15/25, 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 144.28, which if violated will result in even more drops to 142.64. On the upside, there is a resistance level at 147.50. A further resistance level may holdings at 149.08.

How much short interest is there in Nucor Corp?

A steep rise in short interest was recorded in Nucor Corp stocks on 2025-07-31, growing by 0.44 million shares to a total of 6.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-30 was 5.67 million shares. There was a rise of 7.25%, which implies that there is a positive sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.