Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Nucor Corp shares valued at $1,303,712 were sold by QUERY KENNETH REX on Jun 26 ’25. At $130.37 per share, QUERY KENNETH REX sold 10,000 shares. The insider’s holdings dropped to 94,080 shares worth approximately $13.14 million following the completion of this transaction.
Also, QUERY KENNETH REX purchased 10,000 shares, netting a total of over 1,303,712 in proceeds.
Before that, Needham Daniel R. had sold 7,088 shares from its account. In a trade valued at $906,343, the Executive Vice President traded Nucor Corp shares for $127.87 each. Upon closing the transaction, the insider’s holdings decreased to 7,088 shares, worth approximately $13.88 million.
As published in a research note from BMO Capital Markets on June 02, 2025, Nucor Corp [NUE] has been rated up from a Market perform to an Outperform and the price target has been revised to $145. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in late March. As of December 12, 2024, UBS has decreased its “Buy” rating to a “Neutral” for NUE. Earlier on December 02, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for NUE stock.
Analyzing NUE Stock Performance
On last trading session,, Nucor Corp [NYSE: NUE] plunged -0.02% to $139.7. The stock’s lowest price that day was $137.975, but it reached a high of $140.34 in the same session. During the last five days, there has been a surge of approximately 4.17%. Over the course of the year, Nucor Corp shares have dropped approximately -9.19%. Shares of the company reached a 52-week high of $143.06 on 02/18/25 and a 52-week low of $97.59 on 04/07/25.
Support And Resistance Levels for Nucor Corp (NUE)
According to the 24-hour chart, there is a support level at 138.34, which, if violated, would cause prices to drop to 136.97. In the upper region, resistance lies at 140.70. The next price resistance is at 141.70. RSI (Relative Strength Index) is 71.32 on the 14-day chart, showing overbought technical sentiment.
Is Nucor Corp subject to short interest?
Stocks of Nucor Corp saw a sharp rise in short interest on 2025-06-13 jumping by 1.04 million shares to 6.8 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 5.76 million shares. A jump of 15.27% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 2.62 of the overall float, the days-to-cover ratio (short ratio) jumped to 2.62.
Which companies own the most shares of Nucor Corp (NUE)?
In terms of Nucor Corp share price expectations, FactSet research, analysts set an average price target of 160 in the next 12 months, up nearly 14.51% from the previous closing price of $139.73. Analysts anticipate Nucor Corp stock to reach 164 by 2025, with the lowest price target being 155. In spite of this, 11 analysts ranked Nucor Corp stock as Hold at the end of 2025. On September 09, 2024, JP Morgan assigned a price target of “an Overweight” to the stock and upgraded coverage with a $174.
