In a filing, AECOM revealed its Director van ‘t Noordende Alexander M unloaded Company’s shares for reported $0.19 million on Feb 06 ’24. In the deal valued at $85.54 per share,2,255 shares were sold. As a result of this transaction, van ‘t Noordende Alexander M now holds 6,957 shares worth roughly $0.68 million.
Then, Rudd Troy sold 25,000 shares, generating $2,319,054 in total proceeds. Upon selling the shares at $92.76, the CHIEF EXECUTIVE OFFICER now owns 259,168 shares.
Before that, Poloni Lara sold 30,692 shares. AECOM shares valued at $2,839,010 were divested by the PRESIDENT at a price of $92.50 per share. As a result of the transaction, Poloni Lara now holds 53,752 shares, worth roughly $5.23 million.
Truist initiated its AECOM [ACM] rating to a Buy in a research note published on March 14, 2024; the price target was $106. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Credit Suisse also remained covering ACM and has increased its forecast on January 12, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. RBC Capital Mkts started covering the stock on April 27, 2022. It rated ACM as “an Outperform”.
Price Performance Review of ACM
On Friday, AECOM [NYSE:ACM] saw its stock jump 0.33% to $97.39. Over the last five days, the stock has lost -0.70%. AECOM shares have risen nearly 5.37% since the year began. Nevertheless, the stocks have risen 19.12% over the past one year. While a 52-week high of $98.72 was reached on 03/28/24, a 52-week low of $74.40 was recorded on 02/06/24. SMA at 50 days reached $91.54, while 200 days put it at $87.30. A total of 0.56 million shares were traded, compared to the trading of 0.57 million shares in the previous session.
Levels Of Support And Resistance For ACM Stock
The 24-hour chart illustrates a support level at 96.80, which if violated will result in even more drops to 96.21. On the upside, there is a resistance level at 97.89. A further resistance level may holdings at 98.39. The Relative Strength Index (RSI) on the 14-day chart is 63.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.90%. Stochastics %K at 83.82% indicates the stock is a selling.
How much short interest is there in AECOM?
A steep rise in short interest was recorded in AECOM stocks on Mar 15, 2024, growing by 0.22 million shares to a total of 1.49 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.27 million shares. There was a rise of 14.77%, which implies that there is a positive sentiment for the stock. In spite of short shares comprising just 1.44% of the overall stock float, the days-to-cover ratio (short ratio) rose to 2.19.
