Textron Inc’s recently made public that its VP & Corporate Controller Bamford Mark S unloaded Company’s shares for reported $0.4 million on Feb 24 ’25. In the deal valued at $72.68 per share,5,451 shares were sold. As a result of this transaction, Bamford Mark S now holds 18,223 shares worth roughly $1.4 million.
Then, Bamford Mark S sold 2,000 shares, generating $147,000 in total proceeds. Upon selling the shares at $73.50, the VP & Corporate Controller now owns 18,223 shares.
BofA Securities downgraded its Textron Inc [TXT] rating to a Neutral from a a Buy in a research note published on January 24, 2025; the price target was decreased to $85 from $110. A number of analysts have revised their coverage, including Vertical Research’s analysts, who increased its forecast for the stock in early January from “a Hold” to “a Buy”. TD Cowen also remained covering TXT and has decreased its forecast on September 25, 2024 with a “Hold” recommendation from previously “Buy” rating. Morgan Stanley revised its rating on August 08, 2024. It rated TXT as “an Equal-weight” which previously was an “an Overweight”.
Price Performance Review of TXT
On Tuesday, Textron Inc [NYSE:TXT] saw its stock fall -0.49% to $76.86. Over the last five days, the stock has lost -1.27%. Textron Inc shares have risen nearly 0.48% since the year began. Nevertheless, the stocks have fallen -10.61% over the past one year. While a 52-week high of $94.57 was reached on 01/21/25, a 52-week low of $57.70 was recorded on 04/07/25.
Levels Of Support And Resistance For TXT Stock
The 24-hour chart illustrates a support level at 76.41, which if violated will result in even more drops to 75.96. On the upside, there is a resistance level at 77.41. A further resistance level may holdings at 77.97.
