The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Regal Rexnord Corp shares valued at $1,486,564 were sold by Pinkham Louis V. on May 15 ’25. At $140.33 per share, Pinkham Louis V. sold 10,593 shares. The insider’s holdings dropped to 175,954 shares worth approximately $24.58 million following the completion of this transaction.
Also, Pinkham Louis V. purchased 10,593 shares, netting a total of over 1,486,564 in proceeds.
Before that, Pinkham Louis V. had sold 8,774 shares from its account. In a trade valued at $1,579,583, the Chief Executive Officer traded Regal Rexnord Corp shares for $180.03 each. Upon closing the transaction, the insider’s holdings decreased to 8,774 shares, worth approximately $20.9 million.
As published in their initiating research note from Jefferies on December 12, 2024, Regal Rexnord Corp [RRX] has been a Buy and the price target has been revised to $215. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in mid October. As of June 28, 2024, Raymond James has initiated its “Mkt perform” rating for RRX. Earlier on December 11, 2023, Wolfe Research upgraded its rating. Their new recommendation was “an Outperform” for RRX stock which previously was a “a Peer perform”.
Analyzing RRX Stock Performance
On last trading session,, Regal Rexnord Corp [NYSE: RRX] rose 0.50% to $139.68. During the last five days, there has been a drop of approximately -2.91%. Over the course of the year, Regal Rexnord Corp shares have dropped approximately -9.96%. Shares of the company reached a 52-week high of $167.77 on 01/24/25 and a 52-week low of $90.56 on 04/07/25.
Support And Resistance Levels for Regal Rexnord Corp (RRX)
According to the 24-hour chart, there is a support level at 137.82, which, if violated, would cause prices to drop to 135.97. In the upper region, resistance lies at 142.03. The next price resistance is at 144.39. RSI (Relative Strength Index) is 55.79 on the 14-day chart, showing neutral technical sentiment.
Which companies own the most shares of Regal Rexnord Corp (RRX)?
In terms of Regal Rexnord Corp share price expectations, FactSet research, analysts set an average price target of 160 in the next 12 months, up nearly 15.12% from the previous closing price of $138.98. Analysts anticipate Regal Rexnord Corp stock to reach 160 by 2025, with the lowest price target being 160. In spite of this, 6 analysts ranked Regal Rexnord Corp stock as Buy at the end of 2025.
