KD Logo

Understanding the Risks of Investing in Assurant Inc (AIZ)

Assurant Inc’s recently made public that its SVP, CAO, Controller DiRienzo Dimitry unloaded Company’s shares for reported $0.1 million on Aug 19 ’24. In the deal valued at $188.44 per share,550 shares were sold. As a result of this transaction, DiRienzo Dimitry now holds 3,152 shares worth roughly $0.59 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, DIMITRY DIRIENZO bought 550 shares, generating $103,639 in total proceeds.

Before that, THE DENHAM STEIN FAMILY FOUNDA bought 3,000 shares. Assurant Inc shares valued at $557,882 were divested by the Former Board Member at a price of $185.96 per share.

Piper Sandler downgraded its Assurant Inc [AIZ] rating to a Neutral from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in mid February from “an Outperform” to “a Mkt perform”. Piper Sandler also remained covering AIZ and has increased its forecast on June 13, 2023 with a “an Overweight” recommendation from previously “Neutral” rating. Keefe Bruyette revised its rating on March 21, 2023. It rated AIZ as “an Outperform” which previously was an “a Mkt perform”.

Price Performance Review of AIZ

On Monday, Assurant Inc [NYSE:AIZ] saw its stock fall -5.53% to $186.60. Over the last five days, the stock has lost -6.17%. Assurant Inc shares have risen nearly 10.75% since the year began. Nevertheless, the stocks have risen 27.82% over the past one year. While a 52-week high of $201.55 was reached on 09/27/24, a 52-week low of $144.54 was recorded on 07/08/24. SMA at 50 days reached $189.03, while 200 days put it at $176.81.

Levels Of Support And Resistance For AIZ Stock

The 24-hour chart illustrates a support level at 182.84, which if violated will result in even more drops to 179.08. On the upside, there is a resistance level at 193.76. A further resistance level may holdings at 200.92. The Relative Strength Index (RSI) on the 14-day chart is 36.61, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.64%. Stochastics %K at 34.41% indicates the stock is a holding.

How much short interest is there in Assurant Inc?

A steep rise in short interest was recorded in Assurant Inc stocks on 2024-09-13, dropping by -0.14 million shares to a total of 0.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 0.9 million shares. There was a decline of -17.96%, which implies that there is a negative sentiment for the stock.

Most Popular