Aptargroup Inc.’s filing revealed that its Director Kampouri Monnas Giovanna unloaded Company’s shares for reported $0.28 million on Mar 12 ’24. In the deal valued at $142.45 per share,2,000 shares were sold. As a result of this transaction, Kampouri Monnas Giovanna now holds 9,648 shares worth roughly $1.35 million.
Then, Touya Gael sold 3,500 shares, generating $499,932 in total proceeds. Upon selling the shares at $142.84, the Segment President now owns 33,426 shares.
Before that, Tanda Stephan B. sold 32,000 shares. Aptargroup Inc. shares valued at $4,533,394 were divested by the President and CEO at a price of $141.67 per share. As a result of the transaction, Tanda Stephan B. now holds 159,024 shares, worth roughly $22.31 million.
Robert W. Baird upgraded its Aptargroup Inc. [ATR] rating to an Outperform from a a Neutral in a research note published on January 03, 2024; the price target was increased to $150 from $125. A number of analysts have revised their coverage, including William Blair’s analysts, who decreased its forecast for the stock in early August from “an Outperform” to “a Mkt perform”. Robert W. Baird also remained covering ATR and has decreased its forecast on April 14, 2021 with a “Neutral” recommendation from previously “an Outperform” rating. Seaport Global Securities started covering the stock on October 14, 2020. It rated ATR as “a Neutral”.
Price Performance Review of ATR
On Tuesday, Aptargroup Inc. [NYSE:ATR] saw its stock fall -0.14% to $140.31. Over the last five days, the stock has lost -0.23%. Aptargroup Inc. shares have risen nearly 13.50% since the year began. Nevertheless, the stocks have risen 17.85% over the past one year. While a 52-week high of $145.35 was reached on 03/28/24, a 52-week low of $111.62 was recorded on 01/02/24. SMA at 50 days reached $139.13, while 200 days put it at $127.91. A total of 0.24 million shares were traded, compared to the trading of 0.4 million shares in the previous session.
Levels Of Support And Resistance For ATR Stock
The 24-hour chart illustrates a support level at 139.41, which if violated will result in even more drops to 138.52. On the upside, there is a resistance level at 141.15. A further resistance level may holdings at 142.00. The Relative Strength Index (RSI) on the 14-day chart is 47.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.17%. Stochastics %K at 29.35% indicates the stock is a holding.
How much short interest is there in Aptargroup Inc.?
A steep rise in short interest was recorded in Aptargroup Inc. stocks on Mar 28, 2024, dropping by 520.0 shares to a total of 0.3 million shares. Yahoo Finance data shows the prior-month short interest on Feb 29, 2024 was 0.3 million shares. There was a decline of -0.17%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 0.51% of the overall stock float, the days-to-cover ratio (short ratio) fell to 1.16.
