American Financial Group Inc’s recent filing unveils that its Director Evans James E unloaded Company’s shares for reported $0.29 million on Mar 12 ’24. In the deal valued at $128.64 per share,2,274 shares were sold. As a result of this transaction, Evans James E now holds 105,302 shares worth roughly $13.37 million.
Then, Gillis Michelle A sold 2,053 shares, generating $260,331 in total proceeds. Upon selling the shares at $126.81, the Senior Vice President now owns 48,554 shares.
Before that, Gillis Michelle A sold 2,053 shares. American Financial Group Inc shares valued at $260,331 were divested by the Senior Vice President at a price of $126.81 per share. As a result of the transaction, Gillis Michelle A now holds 48,554 shares, worth roughly $6.16 million.
Piper Sandler downgraded its American Financial Group Inc [AFG] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Janney’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. Citigroup began covering AFG with “Buy” recommendation on November 22, 2023. Jefferies started covering the stock on September 07, 2023. It rated AFG as “a Hold”.
Price Performance Review of AFG
On Tuesday, American Financial Group Inc [NYSE:AFG] saw its stock jump 0.61% to $126.93. Over the last five days, the stock has lost -3.09%. American Financial Group Inc shares have risen nearly 8.98% since the year began. Nevertheless, the stocks have risen 9.45% over the past one year. While a 52-week high of $137.71 was reached on 03/28/24, a 52-week low of $101.65 was recorded on 02/07/24. SMA at 50 days reached $128.38, while 200 days put it at $118.28. A total of 0.4 million shares were traded, compared to the trading of 0.26 million shares in the previous session.
Levels Of Support And Resistance For AFG Stock
The 24-hour chart illustrates a support level at 125.45, which if violated will result in even more drops to 123.98. On the upside, there is a resistance level at 128.01. A further resistance level may holdings at 129.10. The Relative Strength Index (RSI) on the 14-day chart is 39.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 85.22%. Stochastics %K at 7.98% indicates the stock is a buying.
The most recent change occurred on January 20, 2023 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $155 price target.
