American Water Works Co. Inc.’s recently made public that its EVP, CHRO Kennedy Melanie M unloaded Company’s shares for reported $0.1 million on Mar 04 ’24. In the deal valued at $119.59 per share,843 shares were sold. As a result of this transaction, Kennedy Melanie M now holds 16,240 shares worth roughly $2.09 million.
Then, Marberry Michael bought 3,786 shares, generating $492,937 in total proceeds. Upon buying the shares at $130.20, the Director now owns 7,459 shares.
Before that, GOSS MARTHA CLARK bought 56 shares. American Water Works Co. Inc. shares valued at $7,900 were divested by the Director at a price of $141.07 per share. As a result of the transaction, GOSS MARTHA CLARK now holds 35,960 shares, worth roughly $4.63 million.
Evercore ISI downgraded its American Water Works Co. Inc. [AWK] rating to an In-line from a an Outperform in a research note published on February 16, 2024; the price target was decreased to $135 from $160. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Wells Fargo also remained covering AWK and has increased its forecast on October 20, 2022 with a “an Equal weight” recommendation from previously “an Underweight” rating. JP Morgan revised its rating on September 09, 2022. It rated AWK as “a Neutral” which previously was an “an Underweight”.
Price Performance Review of AWK
On Friday, American Water Works Co. Inc. [NYSE:AWK] saw its stock jump 2.22% to $128.75. Over the last five days, the stock has gained 6.60%. American Water Works Co. Inc. shares have fallen nearly -2.45% since the year began. Nevertheless, the stocks have fallen -12.11% over the past one year. While a 52-week high of $151.24 was reached on 01/09/24, a 52-week low of $113.34 was recorded on 04/16/24. SMA at 50 days reached $119.46, while 200 days put it at $127.79. A total of 1.71 million shares were traded, compared to the trading of 2.78 million shares in the previous session.
Levels Of Support And Resistance For AWK Stock
The 24-hour chart illustrates a support level at 127.69, which if violated will result in even more drops to 126.64. On the upside, there is a resistance level at 129.33. A further resistance level may holdings at 129.91. The Relative Strength Index (RSI) on the 14-day chart is 72.32, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.73, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.64%. Stochastics %K at 97.47% indicates the stock is a selling.
