KD Logo

Recent Insider Activity Could Benefit Air Transport Services Group Inc (ATSG)

Air Transport Services Group Inc’s recently made public that its Chief Executive Officer Berger Michael L acquired Company’s shares for reported $49830.0 on Jun 07 ’24. In the deal valued at $12.47 per share,3,996 shares were bought. As a result of this transaction, Berger Michael L now holds 103,705 shares worth roughly $1.73 million.

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

Then, HETE JOSEPH C bought 5,000 shares, generating $64,058 in total proceeds. Upon buying the shares at $12.81, the Executive Chairman now owns 594,302 shares.

Before that, Johns Raymond E Jr bought 1,705 shares. Air Transport Services Group Inc shares valued at $24,678 were divested by the Director at a price of $14.47 per share. As a result of the transaction, Johns Raymond E Jr now holds 25,048 shares, worth roughly $0.42 million.

Susquehanna downgraded its Air Transport Services Group Inc [ATSG] rating to a Neutral from a a Positive in a research note published on November 08, 2023; the price target was decreased to $15 from $26. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid September with a ‘”an Outperform”‘ rating. Truist began covering ATSG with “Hold” recommendation on October 21, 2022.

Price Performance Review of ATSG

On Monday, Air Transport Services Group Inc [NASDAQ:ATSG] saw its stock jump 1.28% to $16.64. Over the last five days, the stock has gained 7.35%. Air Transport Services Group Inc shares have fallen nearly -5.51% since the year began. Nevertheless, the stocks have fallen -20.27% over the past one year. While a 52-week high of $22.17 was reached on 01/02/24, a 52-week low of $11.62 was recorded on 03/19/24. SMA at 50 days reached $14.68, while 200 days put it at $14.48.

Levels Of Support And Resistance For ATSG Stock

The 24-hour chart illustrates a support level at 16.39, which if violated will result in even more drops to 16.14. On the upside, there is a resistance level at 16.81. A further resistance level may holdings at 16.98. The Relative Strength Index (RSI) on the 14-day chart is 64.25, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 2.52%. Stochastics %K at 94.77% indicates the stock is a selling.

How much short interest is there in Air Transport Services Group Inc?

A steep rise in short interest was recorded in Air Transport Services Group Inc stocks on 2024-07-31, dropping by 46822.0 shares to a total of 3.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 3.87 million shares. There was a decline of -1.23%, which implies that there is a negative sentiment for the stock.

Most Popular