KD Logo

Insider Selling: NOVOSEL THOMAS C, Americold Realty Trust Inc [COLD] insider divested 6,000 shares

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Americold Realty Trust Inc shares valued at $170,160 were sold by NOVOSEL THOMAS C on Dec 06 ’23. At $28.36 per share, NOVOSEL THOMAS C sold 6,000 shares. The insider’s holdings dropped to 4,616 shares worth approximately $0.12 million following the completion of this transaction.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Also, CHAMBERS ROBERT SCOTT sold 9,100 shares, netting a total of over 256,802 in proceeds. Following the sale of shares at $28.22 each, the insider now holds 0 shares.

As published in a research note from Scotiabank on May 23, 2024, Americold Realty Trust Inc [COLD] has been rated up from a Sector perform to a Sector outperform and the price target has been revised to $30 from $27. Analysts at Wells Fargo started covering the stock with ‘”an Equal weight”‘ outlook in a report released in late April. As of March 27, 2024, Scotiabank has initiated its “Sector perform” rating for COLD. Earlier on February 29, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for COLD stock which previously was a “a Mkt perform”.

Analyzing COLD Stock Performance

During the last five days, there has been a surge of approximately 2.02%. Over the course of the year, Americold Realty Trust Inc shares have dropped approximately -16.55%. Shares of the company reached a 52-week high of $30.59 on 01/08/24 and a 52-week low of $21.87 on 04/30/24. A 50-day SMA is recorded $23.87, while a 200-day SMA reached $27.71. Nevertheless, trading volume fell to 2.95 million shares from 1.93 million shares the previous day.

Support And Resistance Levels for Americold Realty Trust Inc (COLD)

According to the 24-hour chart, there is a support level at 25.05, which, if violated, would cause prices to drop to 24.85. In the upper region, resistance lies at 25.58. The next price resistance is at 25.91. RSI (Relative Strength Index) is 64.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.21, which suggests the price will increase in the coming days. Percent R is at 14.71%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

Most Popular