Aarons Company Inc’s recent filing unveils that its EVP, Gen Counsel/Corp Sec George Rachel G acquired Company’s shares for reported $4625.0 on Jan 08 ’24. In the deal valued at $9.25 per share,500 shares were bought. As a result of this transaction, George Rachel G now holds 46,549 shares worth roughly $0.34 million.
Then, Olsen Stephen W sold 10,000 shares, generating $110,800 in total proceeds. Upon selling the shares at $11.08, the President now owns 94,885 shares.
Before that, JOHNSON TIMOTHY A bought 20,000 shares. Aarons Company Inc shares valued at $166,592 were divested by the Director at a price of $8.33 per share. As a result of the transaction, JOHNSON TIMOTHY A now holds 44,255 shares, worth roughly $0.32 million.
TD Cowen initiated its Aarons Company Inc [AAN] rating to a Market perform in a research note published on March 08, 2024; the price target was $7. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early January from “an Equal-weight” to “an Overweight”. Loop Capital also remained covering AAN and has decreased its forecast on July 10, 2023 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on October 24, 2022. It rated AAN as “an Underperform” which previously was an “a Neutral”.
Price Performance Review of AAN
On Tuesday, Aarons Company Inc [NYSE:AAN] saw its stock jump 3.70% to $7.28. Over the last five days, the stock has gained 5.35%. Aarons Company Inc shares have fallen nearly -33.09% since the year began. Nevertheless, the stocks have fallen -41.00% over the past one year. While a 52-week high of $16.16 was reached on 01/02/24, a 52-week low of $6.69 was recorded on 05/07/24. SMA at 50 days reached $7.25, while 200 days put it at $9.72. A total of 0.45 million shares were traded, compared to the trading of 0.15 million shares in the previous session.
Levels Of Support And Resistance For AAN Stock
The 24-hour chart illustrates a support level at 6.75, which if violated will result in even more drops to 6.23. On the upside, there is a resistance level at 7.67. A further resistance level may holdings at 8.07. The Relative Strength Index (RSI) on the 14-day chart is 51.12, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 29.09%. Stochastics %K at 46.50% indicates the stock is a holding.
