New insider activity at Owens Corning ( (OC) ) has taken place on February 13, 2025.
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In recent transactions involving Owens Corning stock, Executive Vice President, General Counsel & Secretary Gina A. Beredo has sold 3,125 shares, amounting to a total of $573,406. Additionally, Vice President Todd Fister has sold 9,869 shares, totaling $1,776,420. These significant sales highlight notable activity among Owens Corning’s top executives.
Recent Updates on OC stock
Owens Corning has recently announced an investment in expanding its shingle manufacturing capacity with a new facility in the southeastern United States, aiming to meet the growing demand for its products. Analysts have responded with various price target adjustments. BofA raised its price target for Owens Corning, citing expectations of improved repair and remodel spending by 2025, despite a slower new construction pace compared to 2024. Argus also increased its price target, highlighting anticipated market strength in 2025 due to declining interest rates and confidence from Owens Corning’s management, including a 15% dividend increase and stock buybacks. Meanwhile, Loop Capital and Citi lowered their price targets, reflecting a more conservative outlook.
More about Owens Corning
YTD Price Performance: 5.09%
Average Trading Volume: 813,102
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.45B