Assured Guaranty Ltd’s recently made public that its President/CEO/Deputy Chairman FREDERICO DOMINIC unloaded Company’s shares for reported $5.08 million on Mar 20 ’24. In the deal valued at $92.43 per share,55,000 shares were sold. As a result of this transaction, FREDERICO DOMINIC now holds 1,450,824 shares worth roughly $113.77 million.
Then, BUHL G LAWRENCE sold 2,500 shares, generating $178,150 in total proceeds. Upon selling the shares at $71.26, the Director now owns 43,507 shares.
Before that, Donnarumma Stephen sold 15,000 shares. Assured Guaranty Ltd shares valued at $1,049,400 were divested by the Chief Credit Officer at a price of $69.96 per share. As a result of the transaction, Donnarumma Stephen now holds 94,774 shares, worth roughly $7.43 million.
Keefe Bruyette downgraded its Assured Guaranty Ltd [AGO] rating to a Mkt perform from a an Outperform in a research note published on April 01, 2024; the price target was increased to $92 from $75. A number of analysts have revised their coverage, including Compass Point’s analysts, who began to cover the stock in late November with a ‘”a Buy”‘ rating. UBS also remained covering AGO and has decreased its forecast on April 05, 2022 with a “Neutral” recommendation from previously “Buy” rating.
Price Performance Review of AGO
On Tuesday, Assured Guaranty Ltd [NYSE:AGO] saw its stock fall -0.52% to $78.42. Over the last five days, the stock has lost -4.84%. Assured Guaranty Ltd shares have risen nearly 4.80% since the year began. Nevertheless, the stocks have risen 44.87% over the past one year. While a 52-week high of $96.60 was reached on 02/28/24, a 52-week low of $49.84 was recorded on 01/03/24. SMA at 50 days reached $86.38, while 200 days put it at $70.42. A total of 0.34 million shares were traded, compared to the trading of 0.49 million shares in the previous session.
Levels Of Support And Resistance For AGO Stock
The 24-hour chart illustrates a support level at 78.01, which if violated will result in even more drops to 77.60. On the upside, there is a resistance level at 78.89. A further resistance level may holdings at 79.35. The Relative Strength Index (RSI) on the 14-day chart is 22.44, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.00%. Stochastics %K at 3.86% indicates the stock is a buying.
