Acuity Brands, Inc.’s recently made public that its Director Leibman Maya acquired Company’s shares for reported $49782.0 on Apr 25 ’24. In the deal valued at $248.91 per share,200 shares were bought. As a result of this transaction, Leibman Maya now holds 200 shares worth roughly $52120.00000000001.
Then, HOLCOM KAREN J sold 7,745 shares, generating $2,031,049 in total proceeds. Upon selling the shares at $262.24, the SVP & Chief Financial Officer now owns 20,287 shares.
Before that, MILLS DIANNE S sold 6,000 shares. Acuity Brands, Inc. shares valued at $1,350,663 were divested by the SVP & Chief HR Officer at a price of $225.11 per share. As a result of the transaction, MILLS DIANNE S now holds 8,554 shares, worth roughly $2.23 million.
Oppenheimer reiterated its Acuity Brands, Inc. [AYI] rating to an Outperform in a research note published on April 04, 2024; the price target was $315. A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid December from “an Outperform” to “a Neutral”. William Blair also remained covering AYI and has decreased its forecast on June 23, 2022 with a “Mkt perform” recommendation from previously “an Outperform” rating. UBS revised its rating on October 12, 2021. It rated AYI as “a Neutral” which previously was an “a Sell”.
Price Performance Review of AYI
On Tuesday, Acuity Brands, Inc. [NYSE:AYI] saw its stock jump 0.56% to $260.60. Over the last five days, the stock has gained 4.95%. Acuity Brands, Inc. shares have risen nearly 27.23% since the year began. Nevertheless, the stocks have risen 64.96% over the past one year. While a 52-week high of $272.74 was reached on 04/03/24, a 52-week low of $149.30 was recorded on 01/03/24. SMA at 50 days reached $258.12, while 200 days put it at $205.32. A total of 0.28 million shares were traded, compared to the trading of 0.2 million shares in the previous session.
Levels Of Support And Resistance For AYI Stock
The 24-hour chart illustrates a support level at 259.09, which if violated will result in even more drops to 257.59. On the upside, there is a resistance level at 262.22. A further resistance level may holdings at 263.85. The Relative Strength Index (RSI) on the 14-day chart is 57.45, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.01, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.93%. Stochastics %K at 86.84% indicates the stock is a selling.
The most recent change occurred on October 08, 2021 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $218 price target.
