Spectrum Brands Holdings Inc (SPB) receives a Buy rating from Monness Crespi & Hardt

In a filing, Spectrum Brands Holdings Inc revealed its Executive Chairman and CEO Maura David M unloaded Company’s shares for reported $4.32 million on May 14 ’25. In the deal valued at $65.53 per share,66,000 shares were sold. As a result of this transaction, Maura David M now holds 723,607 shares worth roughly $39.78 million.

Then, Maura David M sold 5,180 shares, generating $330,329 in total proceeds. Upon selling the shares at $63.77, the Executive Chairman and CEO now owns 718,427 shares.

Before that, Maura David M bought 70,790 shares. Spectrum Brands Holdings Inc shares valued at $4,681,343 were divested by the Officer at a price of $66.13 per share.

Monness Crespi & Hardt reiterated its Spectrum Brands Holdings Inc [SPB] rating to a Buy in a research note published on May 14, 2025; the price target was $86. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who increased its forecast for the stock in early February from “a Hold” to “a Buy”. Monness Crespi & Hardt also remained covering SPB and reiterated its “Buy” recommendation on May 10, 2024. Monness Crespi & Hardt maintained its rating on February 09, 2024. It rated SPB as “a Buy”.

Price Performance Review of SPB

On Monday, Spectrum Brands Holdings Inc [NYSE:SPB] saw its stock fall -4.85% to $54.97. Over the last five days, the stock has lost -5.40%. Spectrum Brands Holdings Inc shares have fallen nearly -34.94% since the year began. Nevertheless, the stocks have fallen -37.54% over the past one year. While a 52-week high of $96.62 was reached on 01/30/25, a 52-week low of $56.50 was recorded on 06/02/25. SMA at 50 days reached $63.42, while 200 days put it at $81.07.

Levels Of Support And Resistance For SPB Stock

The 24-hour chart illustrates a support level at 53.76, which if violated will result in even more drops to 52.55. On the upside, there is a resistance level at 57.03. A further resistance level may holdings at 59.08. The Relative Strength Index (RSI) on the 14-day chart is 32.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.29%. Stochastics %K at 9.37% indicates the stock is a buying.

Leave a Reply

Your email address will not be published. Required fields are marked *

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.