Andersons Inc.’s recently made public that its President & CEO Bowe Patrick E. unloaded Company’s shares for reported $42826.0 on Mar 20 ’24. In the deal valued at $55.69 per share,769 shares were sold. As a result of this transaction, Bowe Patrick E. now holds 88,546 shares worth roughly $5.35 million.
Then, Bowe Patrick E. sold 1,338 shares, generating $73,751 in total proceeds. Upon selling the shares at $55.12, the President & CEO now owns 89,315 shares.
Before that, Bowe Patrick E. sold 2,623 shares. Andersons Inc. shares valued at $144,842 were divested by the President & CEO at a price of $55.22 per share. As a result of the transaction, Bowe Patrick E. now holds 90,653 shares, worth roughly $5.48 million.
ROTH MKM initiated its Andersons Inc. [ANDE] rating to a Buy in a research note published on June 22, 2023; the price target was $55. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. Lake Street began covering ANDE with “Buy” recommendation on October 20, 2021. Seaport Global Securities revised its rating on August 18, 2021. It rated ANDE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ANDE
On Tuesday, Andersons Inc. [NASDAQ:ANDE] saw its stock jump 2.48% to $60.41. Over the last five days, the stock has gained 5.52%. Andersons Inc. shares have risen nearly 4.99% since the year began. Nevertheless, the stocks have risen 36.67% over the past one year. While a 52-week high of $60.18 was reached on 04/23/24, a 52-week low of $35.69 was recorded on 02/21/24. SMA at 50 days reached $55.50, while 200 days put it at $52.49. A total of 0.3 million shares were traded, compared to the trading of 0.24 million shares in the previous session.
Levels Of Support And Resistance For ANDE Stock
The 24-hour chart illustrates a support level at 58.87, which if violated will result in even more drops to 57.34. On the upside, there is a resistance level at 61.70. A further resistance level may holdings at 63.00. The Relative Strength Index (RSI) on the 14-day chart is 68.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.45, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.88%. Stochastics %K at 79.32% indicates the stock is a holding.
