Block Trade Details
On Thursday, a large block of Deere & Co. (NYSE:DE) shares changed hands at 2:42 p.m. New York time. The block comprised 415,300 shares and was valued at $257.3 million, representing 0.2% of the company’s float. Each share traded at $619.50, which was a 2.9% discount to the opening price of the day.
Deere’s stock price fell 1.6% on the same day, although the shares have risen 33% year‑to‑date. The block trade accounted for 30% of the 20‑day average trading volume. Total trading volume for the session reached 780,639 shares, compared with a 20‑day average of 589,125 shares for the same time of day.
In the preceding two weeks, two additional market signals were observed. A prior block trade involving 298,400 shares was executed at a market value of $185.4 million. During that period, implied volatility for Deere’s shares increased.
The article was generated with AI assistance and reviewed by an editor, as noted in the footer.