Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Modine Manufacturing Co shares valued at $8,670,000 were purchased by Michael B Lucareli on May 19 ’25. At $102.00 per share, Michael B Lucareli acquired 85,000 shares.
Also, WULFSOHN WILLIAM A purchased 2,530 shares, netting a total of over 200,958 in proceeds. Following the buying of shares at $79.43 each, the insider now holds 7,277 shares.
Before that, Lucareli Michael B had sold 17,541 shares from its account. In a trade valued at $1,754,100, the EVP, CFO traded Modine Manufacturing Co shares for $100.00 each. Upon closing the transaction, the insider’s holdings decreased to 17,541 shares, worth approximately $12.04 million.
As published in a research note from B. Riley Securities on August 01, 2024, Modine Manufacturing Co [MOD] has been retained to a Buy and the price target has been revised to $140. Analysts at William Blair started covering the stock with ‘”an Outperform”‘ outlook in a report released in late July. As of March 19, 2024, Oppenheimer has initiated its “an Outperform” rating for MOD.
Analyzing MOD Stock Performance
During the last five days, there has been a drop of approximately -13.98%. Over the course of the year, Modine Manufacturing Co shares have dropped approximately -21.67%. Shares of the company reached a 52-week high of $145.94 on 01/22/25 and a 52-week low of $64.79 on 04/04/25.
Support And Resistance Levels for Modine Manufacturing Co (MOD)
According to the 24-hour chart, there is a support level at 89.09, which, if violated, would cause prices to drop to 87.37. In the upper region, resistance lies at 92.65. The next price resistance is at 94.50. RSI (Relative Strength Index) is 48.34 on the 14-day chart, showing neutral technical sentiment.
