Albertsons Companies Inc’s filing revealed that its SVP & Chief Accounting Officer Larson Robert Bruce unloaded Company’s shares for reported $0.49 million on May 01 ’24. In the deal valued at $20.24 per share,24,362 shares were sold. As a result of this transaction, Larson Robert Bruce now holds 50,241 shares worth roughly $0.93 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, DHANDA ANUJ sold 100,000 shares, generating $2,035,000 in total proceeds. Upon selling the shares at $20.35, the Chief Tech &Transformation Off now owns 365,297 shares.
ROTH MKM upgraded its Albertsons Companies Inc [ACI] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Tigress Financial’s analysts, who increased its forecast for the stock in late April from “a Neutral” to “a Buy”. Bernstein began covering ACI with “an Outperform” recommendation on December 06, 2022. Morgan Stanley revised its rating on October 20, 2022. It rated ACI as “an Equal-weight” which previously was an “an Underweight”.
Price Performance Review of ACI
On Tuesday, Albertsons Companies Inc [NYSE:ACI] saw its stock fall -0.05% to $18.52. Over the last five days, the stock has lost -0.11%. Albertsons Companies Inc shares have fallen nearly -19.48% since the year began. Nevertheless, the stocks have fallen -20.21% over the past one year. While a 52-week high of $23.47 was reached on 01/09/24, a 52-week low of $17.80 was recorded on 09/10/24. SMA at 50 days reached $19.64, while 200 days put it at $20.68.
Levels Of Support And Resistance For ACI Stock
The 24-hour chart illustrates a support level at 18.43, which if violated will result in even more drops to 18.34. On the upside, there is a resistance level at 18.67. A further resistance level may holdings at 18.82. The Relative Strength Index (RSI) on the 14-day chart is 39.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.21%. Stochastics %K at 42.10% indicates the stock is a holding.
How much short interest is there in Albertsons Companies Inc?
A steep rise in short interest was recorded in Albertsons Companies Inc stocks on 2024-08-30, growing by 4.03 million shares to a total of 16.53 million shares. Yahoo Finance data shows the prior-month short interest on 2024-07-31 was 12.49 million shares. There was a rise of 24.4%, which implies that there is a positive sentiment for the stock.
