Corning, Inc’s filing revealed that its Exec. Vice President & CCDO Zhang John Z unloaded Company’s shares for reported $0.38 million on May 12 ’25. In the deal valued at $46.91 per share,8,000 shares were sold. As a result of this transaction, Zhang John Z now holds 9,610 shares worth roughly $0.46 million.
Then, John Zhang bought 8,000 shares, generating $375,288 in total proceeds.
Before that, Bell Michael Alan sold 20,262 shares. Corning, Inc shares valued at $892,768 were divested by the Retired Sr VP & GM, Opt Comm. at a price of $44.06 per share. As a result of the transaction, Bell Michael Alan now holds 0 shares, worth roughly $0.0.
HSBC Securities upgraded its Corning, Inc [GLW] rating to a Buy from a a Hold in a research note published on January 30, 2025; the price target was increased to $60 from $51. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in late August from “a Neutral” to “an Outperform”. Deutsche Bank also remained covering GLW and has increased its forecast on July 31, 2024 with a “Buy” recommendation from previously “Hold” rating. HSBC Securities revised its rating on July 09, 2024. It rated GLW as “a Hold” which previously was an “a Reduce”.
Price Performance Review of GLW
On Tuesday, Corning, Inc [NYSE:GLW] saw its stock fall -0.31% to $47.98. Over the last five days, the stock has gained 0.76%. Corning, Inc shares have risen nearly 0.97% since the year began. Nevertheless, the stocks have risen 36.23% over the past one year. While a 52-week high of $55.33 was reached on 01/29/25, a 52-week low of $35.30 was recorded on 04/07/25. SMA at 50 days reached $44.94, while 200 days put it at $46.21.
Levels Of Support And Resistance For GLW Stock
The 24-hour chart illustrates a support level at 47.68, which if violated will result in even more drops to 47.38. On the upside, there is a resistance level at 48.18. A further resistance level may holdings at 48.37. The Relative Strength Index (RSI) on the 14-day chart is 64.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.74, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.12%. Stochastics %K at 96.51% indicates the stock is a selling.
