Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Aon plc shares valued at $246,558 were purchased by Spruell Byron on Aug 28 ’24. At $340.08 per share, Spruell Byron acquired 725 shares. The insider’s holdings grew to 5,303 shares worth approximately $2.02 million following the completion of this transaction.
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Also, Stevens Lisa sold 400 shares, netting a total of over 131,580 in proceeds. Following the sale of shares at $328.95 each, the insider now holds 9,352 shares.
Before that, Zeidel Darren had sold 950 shares from its account. In a trade valued at $312,688, the General Counsel traded Aon plc shares for $329.14 each. Upon closing the transaction, the insider’s holdings decreased to 950 shares, worth approximately $8.95 million.
As published in a research note from Wells Fargo on October 28, 2024, Aon plc [AON] has been rated up from an Underweight to an Equal weight and the price target has been revised to $377 from $315. Analysts at Barclays started covering the stock with ‘”an Overweight”‘ outlook in a report released in early September. As of July 30, 2024, Keefe Bruyette has increased its “an Underperform” rating to a “an Outperform” for AON.
Analyzing AON Stock Performance
During the last five days, there has been a surge of approximately 3.20%. Over the course of the year, Aon plc shares have jumped approximately 31.02%. Shares of the company reached a 52-week high of $389.21 on 10/25/24 and a 52-week low of $268.06 on 04/26/24. A 50-day SMA is recorded $354.02, while a 200-day SMA reached $318.55. Nevertheless, trading volume fell to 1.61 million shares from 0.61 million shares the previous day.
Support And Resistance Levels for Aon plc (AON)
According to the 24-hour chart, there is a support level at 374.62, which, if violated, would cause prices to drop to 367.95. In the upper region, resistance lies at 388.34. The next price resistance is at 395.39. RSI (Relative Strength Index) is 72.39 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.08, which suggests the price will increase in the coming days. Percent R is at 21.39%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.