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. Acadia Realty Trust shares valued at $211,141 were sold by Gottfried John J. on May 03 ’24. At $16.89 per share, Gottfried John J. sold 12,500 shares. The insider’s holdings dropped to 7,600 shares worth approximately $0.17 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, Hartmann Richard sold 25,000 shares, netting a total of over 427,622 in proceeds. Following the sale of shares at $17.10 each, the insider now holds 0 shares.
Before that, ZOBA C DAVID had added 1,000 shares to its account. In a trade valued at $16,300, the Director bought Acadia Realty Trust shares for $16.30 each. Upon closing the transaction, the insider’s holdings increased to 1,000 shares, worth approximately $61587.0.
As published in a research note from JP Morgan on June 26, 2024, Acadia Realty Trust [AKR] has been rated up from an Underweight to a Neutral and the price target has been revised to $18. Analysts at BofA Securities upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early April. As of January 16, 2024, Truist has decreased its “Buy” rating to a “Hold” for AKR. Earlier on January 02, 2024, Jefferies upgraded its rating. Their new recommendation was “a Buy” for AKR stock which previously was a “a Hold”.
Analyzing AKR Stock Performance
During the last five days, there has been a drop of approximately -1.55%. Over the course of the year, Acadia Realty Trust shares have jumped approximately 34.26%. Shares of the company reached a 52-week high of $23.56 on 09/30/24 and a 52-week low of $16.09 on 03/15/24. A 50-day SMA is recorded $22.07, while a 200-day SMA reached $18.41. Nevertheless, trading volume fell to 1.01 million shares from 2.54 million shares the previous day.
Support And Resistance Levels for Acadia Realty Trust (AKR)
According to the 24-hour chart, there is a support level at 22.61, which, if violated, would cause prices to drop to 22.42. In the upper region, resistance lies at 23.05. The next price resistance is at 23.30. RSI (Relative Strength Index) is 53.41 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.18, which suggests the price will decrease in the coming days. Percent R is at 63.03%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
