Altus Power Inc’s recent filing unveils that its CO-FOUNDER CO-CEO CO-PRESIDENT Felton Gregg J acquired Company’s shares for reported $59750.0 on Mar 28 ’24. In the deal valued at $4.78 per share,12,500 shares were bought. As a result of this transaction, Felton Gregg J now holds 11,894,603 shares worth roughly $44.25 million.
Then, NORELL LARS sold 40,000 shares, generating $274,520 in total proceeds. Upon selling the shares at $6.86, the CO-FOUNDER CO-CEO CO-PRESIDENT now owns 21,614,907 shares.
Before that, Savino Anthony sold 4,598 shares. Altus Power Inc shares valued at $32,876 were divested by the COFOUNDER,CHIEF CONST. OFFICER at a price of $7.15 per share. As a result of the transaction, Savino Anthony now holds 3,887,663 shares, worth roughly $14.46 million.
Maxim Group initiated its Altus Power Inc [AMPS] rating to a Buy in a research note published on April 10, 2024; the price target was $7. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Morgan Stanley revised its rating on January 10, 2023. It rated AMPS as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of AMPS
On Tuesday, Altus Power Inc [NYSE:AMPS] saw its stock fall -5.82% to $3.72. Over the last five days, the stock has lost -22.50%. Altus Power Inc shares have fallen nearly -45.53% since the year began. Nevertheless, the stocks have fallen -21.68% over the past one year. While a 52-week high of $7.28 was reached on 02/15/24, a 52-week low of $3.92 was recorded on 04/16/24. SMA at 50 days reached $5.66, while 200 days put it at $5.75. A total of 1.97 million shares were traded, compared to the trading of 1.59 million shares in the previous session.
Levels Of Support And Resistance For AMPS Stock
The 24-hour chart illustrates a support level at 3.61, which if violated will result in even more drops to 3.49. On the upside, there is a resistance level at 3.89. A further resistance level may holdings at 4.06. The Relative Strength Index (RSI) on the 14-day chart is 25.84, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.58, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.65%. Stochastics %K at 4.40% indicates the stock is a buying.
The most recent change occurred on January 04, 2023 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $15 price target.
