AerSale Corp’s recently made public that its insider Finazzo Nicolas acquired Company’s shares for reported $0.11 million on Sep 13 ’24. In the deal valued at $5.36 per share,20,000 shares were bought. As a result of this transaction, Finazzo Nicolas now holds 37,000 shares worth roughly $0.22 million.
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Then, Wright Frederick Craig bought 4,000 shares, generating $20,997 in total proceeds. Upon buying the shares at $5.25, the insider now owns 195,558 shares.
Before that, Finazzo Nicolas bought 3,600 shares. AerSale Corp shares valued at $17,478 were divested by the insider at a price of $4.86 per share. As a result of the transaction, Finazzo Nicolas now holds 6,600 shares, worth roughly $39666.0.
RBC Capital Mkts downgraded its AerSale Corp [ASLE] rating to a Sector perform from a an Outperform in a research note published on August 09, 2023; the price target was decreased to $15 from $20. A number of analysts have revised their coverage, including Truist’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. RBC Capital Mkts began covering ASLE with “an Outperform” recommendation on November 30, 2022. Stifel started covering the stock on September 01, 2022. It rated ASLE as “a Buy”.
Price Performance Review of ASLE
On Monday, AerSale Corp [NASDAQ:ASLE] saw its stock fall -0.83% to $6.01. Over the last five days, the stock has gained 5.81%. AerSale Corp shares have fallen nearly -52.66% since the year began. Nevertheless, the stocks have fallen -56.58% over the past one year. While a 52-week high of $16.69 was reached on 01/02/24, a 52-week low of $4.53 was recorded on 10/11/24. SMA at 50 days reached $5.27, while 200 days put it at $6.64.
Levels Of Support And Resistance For ASLE Stock
The 24-hour chart illustrates a support level at 5.85, which if violated will result in even more drops to 5.68. On the upside, there is a resistance level at 6.14. A further resistance level may holdings at 6.26. The Relative Strength Index (RSI) on the 14-day chart is 63.71, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.31, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 12.37%. Stochastics %K at 85.91% indicates the stock is a selling.
How much short interest is there in AerSale Corp?
A steep rise in short interest was recorded in AerSale Corp stocks on 2024-10-31, dropping by -0.51 million shares to a total of 3.02 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 3.53 million shares. There was a decline of -16.87%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on January 07, 2021 when Cowen began covering the stock and recommended ‘”a Market perform”‘ rating along with a $16 price target.
