KD Logo

Taking a Closer Look At Aon plc. (AON) Following Its Recent Trade

In a filing, Aon plc. revealed its Director KNIGHT LESTER B acquired Company’s shares for reported $2.77 million on May 03 ’24. In the deal valued at $276.61 per share,10,000 shares were bought. As a result of this transaction, KNIGHT LESTER B now holds 139,000 shares worth roughly $40.11 million.

Then, Stevens Lisa sold 315 shares, generating $99,690 in total proceeds. Upon selling the shares at $316.31, the Chief People Officer now owns 9,723 shares.

Before that, Andersen Eric sold 5,500 shares. Aon plc. shares valued at $1,725,568 were divested by the President at a price of $313.74 per share. As a result of the transaction, Andersen Eric now holds 164,618 shares, worth roughly $47.51 million.

TD Cowen initiated its Aon plc. [AON] rating to an Outperform in a research note published on January 10, 2024; the price target was $390. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Overweight”. Keefe Bruyette also remained covering AON and has decreased its forecast on December 15, 2023 with a “an Underperform” recommendation from previously “Mkt perform” rating. Wells Fargo revised its rating on October 30, 2023. It rated AON as “an Underweight” which previously was an “an Equal weight”.

Price Performance Review of AON

On Monday, Aon plc. [NYSE:AON] saw its stock fall -1.54% to $288.58. Over the last five days, the stock has gained 1.09%. Aon plc. shares have fallen nearly -0.84% since the year began. Nevertheless, the stocks have fallen -13.91% over the past one year. While a 52-week high of $347.37 was reached on 03/28/24, a 52-week low of $268.06 was recorded on 04/26/24. SMA at 50 days reached $310.16, while 200 days put it at $316.09. A total of 1.82 million shares were traded, compared to the trading of 2.29 million shares in the previous session.

Levels Of Support And Resistance For AON Stock

The 24-hour chart illustrates a support level at 286.37, which if violated will result in even more drops to 284.17. On the upside, there is a resistance level at 291.94. A further resistance level may holdings at 295.31. The Relative Strength Index (RSI) on the 14-day chart is 40.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.63, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 52.25%. Stochastics %K at 48.40% indicates the stock is a holding.

The most recent change occurred on October 05, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $361 price target.

Most Popular

[the_ad id="945"]