Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ASGN Inc shares valued at $185,027 were sold by MATIN ARSHAD on Sep 13 ’24. At $92.51 per share, MATIN ARSHAD sold 2,000 shares. The insider’s holdings dropped to 11,645 shares worth approximately $1.09 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, MATIN ARSHAD purchased 2,000 shares, netting a total of over 185,027 in proceeds.
Before that, HOLMAN JONATHAN S had sold 503 shares from its account. In a trade valued at $45,496, the Director traded ASGN Inc shares for $90.45 each. Upon closing the transaction, the insider’s holdings decreased to 503 shares, worth approximately $1.02 million.
As published in their initiating research note from Canaccord Genuity on December 06, 2023, ASGN Inc [ASGN] has been a Buy and the price target has been revised to $110. Analysts at UBS started covering the stock with ‘”a Sell”‘ outlook in a report released in early November. As of September 18, 2023, Wells Fargo has initiated its “an Overweight” rating for ASGN. Earlier on June 01, 2023, UBS initiated its rating. Their recommendation was “a Buy” for ASGN stock.
Analyzing ASGN Stock Performance
During the last five days, there has been a drop of approximately -4.90%. Over the course of the year, ASGN Inc shares have dropped approximately -2.39%. Shares of the company reached a 52-week high of $106.42 on 03/21/24 and a 52-week low of $84.62 on 08/06/24. A 50-day SMA is recorded $93.62, while a 200-day SMA reached $95.07. Nevertheless, trading volume fell to 0.7 million shares from 0.25 million shares the previous day.
Support And Resistance Levels for ASGN Inc (ASGN)
According to the 24-hour chart, there is a support level at 91.98, which, if violated, would cause prices to drop to 90.09. In the upper region, resistance lies at 95.51. The next price resistance is at 97.15. RSI (Relative Strength Index) is 48.25 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.16, which suggests the price will decrease in the coming days. Percent R is at 73.27%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
