Assured Guaranty Ltd’s recent filing unveils 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 $114.59 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 $7.49 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 Monday, Assured Guaranty Ltd [NYSE:AGO] saw its stock jump 1.43% to $78.98. Over the last five days, the stock has gained 0.68%. Assured Guaranty Ltd shares have risen nearly 5.55% since the year began. Nevertheless, the stocks have risen 53.84% 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 $84.85, while 200 days put it at $71.88. A total of 0.45 million shares were traded, compared to the trading of 0.4 million shares in the previous session.
Levels Of Support And Resistance For AGO Stock
The 24-hour chart illustrates a support level at 78.51, which if violated will result in even more drops to 78.03. On the upside, there is a resistance level at 79.22. A further resistance level may holdings at 79.45. The Relative Strength Index (RSI) on the 14-day chart is 43.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.32, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 14.57%. Stochastics %K at 57.40% indicates the stock is a holding.
