In a filing, Autonation Inc. revealed its 10% Owner LAMPERT EDWARD S unloaded Company’s shares for reported $26.85 million on Mar 21 ’24. In the deal valued at $164.64 per share,163,100 shares were sold. As a result of this transaction, LAMPERT EDWARD S now holds 4,004,170 shares worth roughly $617.2 million.
Then, LAMPERT EDWARD S sold 100,000 shares, generating $16,125,600 in total proceeds. Upon selling the shares at $161.26, the 10% Owner now owns 4,167,270 shares.
Before that, DEES KIMBERLY sold 3,133 shares. Autonation Inc. shares valued at $477,083 were divested by the SVP & CAO at a price of $152.28 per share. As a result of the transaction, DEES KIMBERLY now holds 464 shares, worth roughly $71520.95999999999.
Morgan Stanley upgraded its Autonation Inc. [AN] rating to an Equal-weight from a an Underweight in a research note published on February 29, 2024; the price target was increased to $140 from $117. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who began to cover the stock in mid January with a ‘”an Outperform”‘ rating. JP Morgan also remained covering AN and has increased its forecast on October 31, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on February 21, 2023. It rated AN as “an Underweight” which previously was an “a Neutral”.
Price Performance Review of AN
On Friday, Autonation Inc. [NYSE:AN] saw its stock fall -0.31% to $154.14. Over the last five days, the stock has gained 0.02%. Autonation Inc. shares have risen nearly 2.64% since the year began. Nevertheless, the stocks have risen 13.07% over the past one year. While a 52-week high of $182.08 was reached on 03/28/24, a 52-week low of $123.81 was recorded on 01/16/24. SMA at 50 days reached $152.73, while 200 days put it at $148.68. A total of 0.51 million shares were traded, compared to the trading of 0.5 million shares in the previous session.
Levels Of Support And Resistance For AN Stock
The 24-hour chart illustrates a support level at 152.55, which if violated will result in even more drops to 150.96. On the upside, there is a resistance level at 156.14. A further resistance level may holdings at 158.14. The Relative Strength Index (RSI) on the 14-day chart is 47.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.11%. Stochastics %K at 23.33% indicates the stock is a holding.
