Addus HomeCare Corporation’s filing revealed that its EVP & Chief HR Officer Stevenson Roberton James unloaded Company’s shares for reported $11328.0 on Apr 01 ’24. In the deal valued at $103.93 per share,109 shares were sold. As a result of this transaction, Stevenson Roberton James now holds 10,434 shares worth roughly $1.09 million.
Then, RAINES MONICA sold 235 shares, generating $22,057 in total proceeds. Upon selling the shares at $93.86, the EVP/CCO and Quality Officer now owns 11,986 shares.
Before that, ALLISON R DIRK sold 8,021 shares. Addus HomeCare Corporation shares valued at $689,405 were divested by the CEO and Chairman at a price of $85.95 per share. As a result of the transaction, ALLISON R DIRK now holds 79,397 shares, worth roughly $8.3 million.
Barclays downgraded its Addus HomeCare Corporation [ADUS] rating to an Underweight from a an Equal weight in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who began to cover the stock in early March with a ‘”an Equal weight”‘ rating. TD Cowen started covering the stock on December 12, 2023. It rated ADUS as “an Outperform”.
Price Performance Review of ADUS
On Tuesday, Addus HomeCare Corporation [NASDAQ:ADUS] saw its stock jump 6.84% to $104.59. Over the last five days, the stock has gained 8.78%. Addus HomeCare Corporation shares have risen nearly 12.64% since the year began. Nevertheless, the stocks have risen 27.61% over the past one year. While a 52-week high of $104.61 was reached on 05/07/24, a 52-week low of $78.35 was recorded on 02/26/24. SMA at 50 days reached $98.50, while 200 days put it at $90.93. A total of 0.28 million shares were traded, compared to the trading of 0.12 million shares in the previous session.
Levels Of Support And Resistance For ADUS Stock
The 24-hour chart illustrates a support level at 99.57, which if violated will result in even more drops to 94.55. On the upside, there is a resistance level at 107.57. A further resistance level may holdings at 110.55. The Relative Strength Index (RSI) on the 14-day chart is 66.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.64, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.33%. Stochastics %K at 88.55% indicates the stock is a selling.
The most recent change occurred on June 29, 2022 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $101 price target.
