ASGN Inc’s recently made public that its Director Sheridan Edwin A. unloaded Company’s shares for reported $1.4 million on Mar 08 ’24. In the deal valued at $103.78 per share,13,442 shares were sold. As a result of this transaction, Sheridan Edwin A. now holds 616,972 shares worth roughly $62.18 million.
Then, Sheridan Edwin A. sold 50,000 shares, generating $5,096,660 in total proceeds. Upon selling the shares at $101.93, the Director now owns 630,414 shares.
Before that, Sheridan Edwin A. sold 10,000 shares. ASGN Inc shares valued at $996,417 were divested by the Director at a price of $99.64 per share. As a result of the transaction, Sheridan Edwin A. now holds 680,414 shares, worth roughly $68.57 million.
Canaccord Genuity initiated its ASGN Inc [ASGN] rating to a Buy in a research note published on December 06, 2023; the price target was $110. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in early November with a ‘”a Sell”‘ rating. Wells Fargo began covering ASGN with “an Overweight” recommendation on September 18, 2023. UBS started covering the stock on June 01, 2023. It rated ASGN as “a Buy”.
Price Performance Review of ASGN
On Tuesday, ASGN Inc [NYSE:ASGN] saw its stock jump 1.16% to $100.78. Over the last five days, the stock has gained 6.29%. ASGN Inc shares have risen nearly 4.79% since the year began. Nevertheless, the stocks have risen 27.75% over the past one year. While a 52-week high of $106.42 was reached on 03/21/24, a 52-week low of $63.27 was recorded on 01/11/24. SMA at 50 days reached $99.18, while 200 days put it at $88.91. A total of 0.29 million shares were traded, compared to the trading of 0.31 million shares in the previous session.
Levels Of Support And Resistance For ASGN Stock
The 24-hour chart illustrates a support level at 99.38, which if violated will result in even more drops to 97.99. On the upside, there is a resistance level at 101.72. A further resistance level may holdings at 102.67. The Relative Strength Index (RSI) on the 14-day chart is 57.37, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 18.17%. Stochastics %K at 65.98% indicates the stock is a holding.
