Aon plc.’s recent filing unveils that its Chief People Officer Stevens Lisa unloaded Company’s shares for reported $99690.0 on Mar 06 ’24. In the deal valued at $316.31 per share,315 shares were sold. As a result of this transaction, Stevens Lisa now holds 9,723 shares worth roughly $3.11 million.
Then, Andersen Eric sold 5,500 shares, generating $1,725,568 in total proceeds. Upon selling the shares at $313.74, the President now owns 164,618 shares.
Before that, Stevens Lisa sold 13,000 shares. Aon plc. shares valued at $4,098,380 were divested by the Chief People Officer at a price of $315.26 per share. As a result of the transaction, Stevens Lisa now holds 10,073 shares, worth roughly $3.22 million.
TD Cowen initiated its Aon plc. [AON] rating to an Outperform in a research note published on January 10, 2024; the price target was $390. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Overweight”. Keefe Bruyette also remained covering AON and has decreased its forecast on December 15, 2023 with a “an Underperform” recommendation from previously “Mkt perform” rating. Wells Fargo revised its rating on October 30, 2023. It rated AON as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of AON
On Monday, Aon plc. [NYSE:AON] saw its stock jump 0.27% to $319.84. Over the last five days, the stock has lost -2.96%. Aon plc. shares have risen nearly 9.90% since the year began. Nevertheless, the stocks have fallen -0.53% over the past one year. While a 52-week high of $347.37 was reached on 03/28/24, a 52-week low of $284.85 was recorded on 01/05/24. SMA at 50 days reached $315.30, while 200 days put it at $321.04. A total of 0.77 million shares were traded, compared to the trading of 0.17 million shares in the previous session.
Levels Of Support And Resistance For AON Stock
The 24-hour chart illustrates a support level at 318.57, which if violated will result in even more drops to 317.31. On the upside, there is a resistance level at 321.04. A further resistance level may holdings at 322.25. The Relative Strength Index (RSI) on the 14-day chart is 47.42, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.30%. Stochastics %K at 20.03% indicates the stock is a holding.
How much short interest is there in Aon plc.?
A steep rise in short interest was recorded in Aon plc. stocks on Mar 15, 2024, dropping by 50000.0 shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.82 million shares. There was a decline of -2.82%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.90% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.28.
The most recent change occurred on October 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $361 price target.
