Altus Power Inc’s recent filing unveils that its CO-FOUNDER CO-CEO CO-PRESIDENT Felton Gregg J acquired Company’s shares for reported $59750.0 on Mar 28 ’24. In the deal valued at $4.78 per share,12,500 shares were bought. As a result of this transaction, Felton Gregg J now holds 11,894,603 shares worth roughly $53.53 million.
Then, NORELL LARS sold 40,000 shares, generating $274,520 in total proceeds. Upon selling the shares at $6.86, the CO-FOUNDER CO-CEO CO-PRESIDENT now owns 21,614,907 shares.
Before that, Savino Anthony sold 4,598 shares. Altus Power Inc shares valued at $32,876 were divested by the COFOUNDER,CHIEF CONST. OFFICER at a price of $7.15 per share. As a result of the transaction, Savino Anthony now holds 3,887,663 shares, worth roughly $17.49 million.
Maxim Group initiated its Altus Power Inc [AMPS] rating to a Buy in a research note published on April 10, 2024; the price target was $7. A number of analysts have revised their coverage, including Northland Capital’s analysts, who began to cover the stock in late November with a ‘”an Outperform”‘ rating. Morgan Stanley revised its rating on January 10, 2023. It rated AMPS as “an Overweight” which previously was an “an Equal-weight”.
Price Performance Review of AMPS
On Tuesday, Altus Power Inc [NYSE:AMPS] saw its stock jump 1.81% to $4.50. Over the last five days, the stock has gained 22.62%. Altus Power Inc shares have fallen nearly -34.11% since the year began. Nevertheless, the stocks have risen 2.74% over the past one year. While a 52-week high of $7.28 was reached on 02/15/24, a 52-week low of $3.40 was recorded on 04/25/24. SMA at 50 days reached $4.87, while 200 days put it at $5.59. A total of 1.04 million shares were traded, compared to the trading of 1.2 million shares in the previous session.
Levels Of Support And Resistance For AMPS Stock
The 24-hour chart illustrates a support level at 4.39, which if violated will result in even more drops to 4.29. On the upside, there is a resistance level at 4.60. A further resistance level may holdings at 4.71. The Relative Strength Index (RSI) on the 14-day chart is 56.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.54, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.37%. Stochastics %K at 95.00% indicates the stock is a selling.
The most recent change occurred on January 04, 2023 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $15 price target.
