New insider activity at Owens Corning ( (OC) ) has taken place on February 6, 2025.
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Jose Mendez-Andino, the Executive Vice President and Chief Research & Development Officer at Owens Corning, recently sold 1,078 shares of the company’s stock, amounting to a total transaction value of $194,426.
Recent Updates on OC stock
Recent developments in Owens Corning’s stock include several price target adjustments by analysts. BofA increased its price target, citing expectations for improved repair and remodel spending in 2025, despite a slowdown in new construction. Argus raised its target, attributing it to strengthening markets in discretionary and non-discretionary spending due to anticipated declining interest rates, alongside Owens Corning’s positive near-term outlook and dividend increase. RBC Capital also raised its target, noting a cautious stance on builders amid high interest rates, but indicating a better risk/reward balance as investor sentiment has become more negative. Conversely, Loop Capital and Citi lowered their price targets, reflecting different assessments of market conditions. Overall, these analyst actions reflect differing perspectives on the company’s market positioning and future economic conditions.
More about Owens Corning
YTD Price Performance: 6.53%
Average Trading Volume: 832,238
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $15.5B