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Armada Hoffler Properties Inc [AHH] Investment Guide: What You Need to Know

Armada Hoffler Properties Inc’s filing revealed that its Director KIRK A RUSSELL acquired Company’s shares for reported $9728.0 on Oct 03 ’24. In the deal valued at $10.82 per share,899 shares were bought. As a result of this transaction, KIRK A RUSSELL now holds 48,351 shares worth roughly $0.53 million.

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Then, Wimbush Frederick Blair bought 90 shares, generating $972 in total proceeds. Upon buying the shares at $10.77, the Director now owns 17,702 shares.

Before that, Gartman Dennis H. bought 4,500 shares. Armada Hoffler Properties Inc shares valued at $48,804 were divested by the Director at a price of $10.85 per share. As a result of the transaction, Gartman Dennis H. now holds 27,149 shares, worth roughly $0.3 million.

A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Hold”. BofA Securities also remained covering AHH and has decreased its forecast on October 25, 2021 with a “an Underperform” recommendation from previously “Neutral” rating. Stifel started covering the stock on September 22, 2021. It rated AHH as “a Buy”.

Price Performance Review of AHH

On Monday, Armada Hoffler Properties Inc [NYSE:AHH] saw its stock fall -2.31% to $11.00. Over the last five days, the stock has gained 1.29%. Armada Hoffler Properties Inc shares have fallen nearly -11.08% since the year began. Nevertheless, the stocks have risen 7.00% over the past one year. While a 52-week high of $13.11 was reached on 01/08/24, a 52-week low of $9.81 was recorded on 03/26/24. SMA at 50 days reached $11.56, while 200 days put it at $11.27.

Levels Of Support And Resistance For AHH Stock

The 24-hour chart illustrates a support level at 10.86, which if violated will result in even more drops to 10.72. On the upside, there is a resistance level at 11.18. A further resistance level may holdings at 11.37. The Relative Strength Index (RSI) on the 14-day chart is 43.30, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.19, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 48.94%. Stochastics %K at 71.39% indicates the stock is a holding.

How much short interest is there in Armada Hoffler Properties Inc?

A steep rise in short interest was recorded in Armada Hoffler Properties Inc stocks on 2024-09-30, growing by 0.15 million shares to a total of 1.27 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.12 million shares. There was a rise of 11.97%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on July 23, 2021 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.

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