American Eagle Outfitters Inc.’s recently made public that its Global Brand President-aerie Foyle Jennifer M. unloaded Company’s shares for reported $0.65 million on Oct 01 ’24. In the deal valued at $21.79 per share,30,000 shares were sold. As a result of this transaction, Foyle Jennifer M. now holds 200,427 shares worth roughly $4.2 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, Foyle Jennifer M. bought 30,000 shares, generating $653,683 in total proceeds.
Before that, Sable David M. sold 18,420 shares. American Eagle Outfitters Inc. shares valued at $405,885 were divested by the Director at a price of $22.04 per share. As a result of the transaction, Sable David M. now holds 39,356 shares, worth roughly $0.82 million.
Telsey Advisory Group reiterated its American Eagle Outfitters Inc. [AEO] rating to a Market perform in a research note published on August 30, 2024; the price target was $23. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “an Overweight”. Telsey Advisory Group also remained covering AEO and reiterated its “Market perform” recommendation on March 08, 2024. Telsey Advisory Group maintained its rating on January 09, 2024. It rated AEO as “a Market perform”.
Price Performance Review of AEO
On Monday, American Eagle Outfitters Inc. [NYSE:AEO] saw its stock fall -5.46% to $20.95. Over the last five days, the stock has lost -6.43%. American Eagle Outfitters Inc. shares have fallen nearly -0.99% since the year began. Nevertheless, the stocks have risen 29.32% over the past one year. While a 52-week high of $26.44 was reached on 03/07/24, a 52-week low of $15.68 was recorded on 09/09/24. SMA at 50 days reached $20.82, while 200 days put it at $21.86.
Levels Of Support And Resistance For AEO Stock
The 24-hour chart illustrates a support level at 20.36, which if violated will result in even more drops to 19.78. On the upside, there is a resistance level at 21.82. A further resistance level may holdings at 22.69. The Relative Strength Index (RSI) on the 14-day chart is 50.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.22%. Stochastics %K at 68.36% indicates the stock is a holding.
How much short interest is there in American Eagle Outfitters Inc.?
A steep rise in short interest was recorded in American Eagle Outfitters Inc. stocks on 2024-09-13, dropping by -2.06 million shares to a total of 15.82 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 17.88 million shares. There was a decline of -13.01%, which implies that there is a negative sentiment for the stock.
