A company insider recently sold 2,603 shares of Americold Realty Trust Inc. [COLD]. Should You also Consider to Sale?

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Americold Realty Trust Inc.’s filing revealed that its insider NOVOSEL THOMAS C unloaded Company’s shares for reported $75331.0 on Jun 03. In the deal valued at $28.94 per share,2,603 shares were sold. As a result of this transaction, NOVOSEL THOMAS C now holds 0 shares worth roughly $ 0.0.


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Then, NOVOSEL THOMAS C sold 5,326 shares, generating $136,239 in total proceeds. Upon selling the shares at $25.58, the insider now owns 2,513 shares.

Before that, Harron James Andrew sold 5,000 shares. Americold Realty Trust Inc. shares valued at $126,775 were divested by the EVP & Chief Investment Officer at a price of $25.36 per share. As a result of the transaction, Harron James Andrew now holds 13,719 shares, worth roughly $0.39 million.

RBC Capital Mkts downgraded its Americold Realty Trust Inc. [COLD] rating to a Sector perform from a an Outperform in a research note published on Monday. PT values the company’s stock at a premium of 16.32 to its Monday closing price. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early June from “an Underperform” to “a Neutral”. JP Morgan also remained covering COLD and has decreased its forecast on February 25, 2022 with a “Neutral” recommendation from previously “an Overweight” rating. Evercore ISI started covering the stock on January 20, 2022. It rated COLD as “an Outperform”.

Price Performance Review of COLD

On Monday, Americold Realty Trust Inc. [NYSE:COLD] saw its stock jump 2.86% to $28.45. On the same session, the stock had its day’s lowest price of $27.74, but rose to a high of $28.59. Over the last five days, the stock has gained 17.32%. Americold Realty Trust Inc. shares have fallen nearly -13.24% since the year began. Nevertheless, the stocks have fallen -3.30% over the past one year. While a 52-week high of $33.51 was reached on 07/29/22, a 52-week low of $21.49 was recorded on 10/21/22. SMA at 50 days reached $25.99, while 200 days put it at $28.01. A total of 2.84 million shares were traded, compared to the trading of 1.6 million shares in the previous session.

Levels Of Support And Resistance For COLD Stock

The 24-hour chart illustrates a support level at 27.93, which if violated will result in even more drops to 27.41. On the upside, there is a resistance level at 28.78. A further resistance level may holdings at 29.11. The Relative Strength Index (RSI) on the 14-day chart is 71.63, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.66, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.97%. Stochastics %K at 88.84% indicates the stock is a selling.

How much short interest is there in Americold Realty Trust Inc.?

A steep rise in short interest was recorded in Americold Realty Trust Inc. stocks on Jul 14, 2022, dropping by -2.16 million shares to a total of 6.65 million shares. Yahoo Finance data shows the prior-month short interest on Jun 14, 2022 was 8.81 million shares. There was a decline of -32.48%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.41% of the overall stock float, the days-to-cover ratio (short ratio) fell to 3.01.

Americold Realty Trust Inc. [COLD] – Who Are The Largest Shareholders?

In filings from Cohen & Steers Capital Management, it is revealed that the company now owns 43,655,352 shares, or roughly 16.21% of the outstanding COLD shares. In other words, the investor’s shares have risen by 2,809,146 from its previous 13-F filing of 40846206.0. Additionally, The Vanguard Group, Inc. decreased -0.15% of its stake after which the total value it holdings stand at $913,889,311, while APG Asset Management US, Inc. reduced -1.95% of its stake to hold $472.18 million in the firm. Over the last quarter, Capital Research & Management Co purchased 7,597,034 shares of Americold Realty Trust Inc., while Norges Bank Investment Management bought 5,580,402 shares. At present, BlackRock Fund Advisors is holding 13,416,714 shares valued at $330.05 million. SSgA Funds Management, Inc. owned 11,500,601 shares of the company at the time of its most recent 13F filing, worth $282.91 million.

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