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 $0.65 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 $5.04 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 Monday, AECOM [NYSE:ACM] saw its stock jump 0.09% to $93.69. Over the last five days, the stock has lost -4.11%. AECOM shares have risen nearly 1.36% since the year began. Nevertheless, the stocks have risen 13.30% 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 $92.27, while 200 days put it at $87.60. A total of 0.91 million shares were traded, compared to the trading of 0.38 million shares in the previous session.
Levels Of Support And Resistance For ACM Stock
The 24-hour chart illustrates a support level at 92.87, which if violated will result in even more drops to 92.05. On the upside, there is a resistance level at 94.76. A further resistance level may holdings at 95.83. The Relative Strength Index (RSI) on the 14-day chart is 45.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.22, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.82%. Stochastics %K at 14.97% indicates the stock is a buying.
