Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Axis Capital Holdings Ltd shares valued at $526,119 were sold by SMITH HENRY B on Jun 03 ’24. At $72.90 per share, SMITH HENRY B sold 7,217 shares. The insider’s holdings dropped to 48,019 shares worth approximately $3.42 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, GALANSKI STANLEY A purchased 2,000 shares, netting a total of over 142,860 in proceeds. Following the buying of shares at $71.43 each, the insider now holds 11,763 shares.
Before that, Millegan Michael had added 1,400 shares to its account. In a trade valued at $100,086, the Director bought Axis Capital Holdings Ltd shares for $71.49 each. Upon closing the transaction, the insider’s holdings increased to 1,400 shares, worth approximately $0.64 million.
As published in a research note from Keefe Bruyette on November 13, 2023, Axis Capital Holdings Ltd [AXS] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $66 from $59. Analysts at BofA Securities upgraded the stock from ‘”an Underperform”‘ to ‘”a Buy”‘ outlook in a report released in mid September. As of September 08, 2023, Goldman has initiated its “Sell” rating for AXS. Earlier on December 19, 2022, Keefe Bruyette downgraded its rating. Their new recommendation was “a Mkt perform” for AXS stock which previously was a “an Outperform”.
Analyzing AXS Stock Performance
During the last five days, there has been a drop of approximately -3.20%. Over the course of the year, Axis Capital Holdings Ltd shares have jumped approximately 28.81%. Shares of the company reached a 52-week high of $74.82 on 07/18/24 and a 52-week low of $53.88 on 01/16/24. A 50-day SMA is recorded $71.16, while a 200-day SMA reached $62.13. Nevertheless, trading volume fell to 1.03 million shares from 0.69 million shares the previous day.
Support And Resistance Levels for Axis Capital Holdings Ltd (AXS)
According to the 24-hour chart, there is a support level at 70.95, which, if violated, would cause prices to drop to 70.58. In the upper region, resistance lies at 72.03. The next price resistance is at 72.74. RSI (Relative Strength Index) is 51.04 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.37, which suggests the price will decrease in the coming days. Percent R is at 65.06%, indicating low price movement. Stochastics%K at holding indicates that the stock is to be held.
