New insider activity at Owens Corning ( (OC) ) has taken place on March 12, 2025.
Director Howard Morris recently sold 272 shares of Owens Corning stock, amounting to a total transaction value of $39,246.
Recent Updates on OC stock
Owens Corning has recently seen several price target adjustments from major financial institutions, reflecting a mix of strategic developments and market conditions. JPMorgan lowered its price target due to weaker end markets at the start of the year, although the company’s margins remain stable. Goldman Sachs adjusted its target following Owens Corning’s Q4 results, expressing confidence in the company’s strategic shift towards a more capital-efficient model and successful integration of Masonite, which is expected to yield significant cost synergies. Barclays also revised its target, noting that the divestiture of the glass reinforcements business introduces some model noise but highlights the strength in roofing sales and margins. These changes come amid Owens Corning’s strong financial performance, strategic acquisitions, and divestitures, which have positioned the company for future growth despite challenges such as declining component volumes and soft European markets.
More about Owens Corning
YTD Price Performance: -17.21%
Average Trading Volume: 964,942
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $11.96B