In a filing, Academy Sports and Outdoors Inc revealed its Director Tweedy Jeffrey C. unloaded Company’s shares for reported $74400.0 on Sep 18 ’24. In the deal valued at $62.00 per share,1,200 shares were sold. As a result of this transaction, Tweedy Jeffrey C. now holds 8,906 shares worth roughly $0.43 million.
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Then, Tweedy Jeffrey C. bought 1,200 shares, generating $74,400 in total proceeds.
Before that, Tweedy Jeffrey C. sold 625 shares. Academy Sports and Outdoors Inc shares valued at $33,906 were divested by the Director at a price of $54.25 per share. As a result of the transaction, Tweedy Jeffrey C. now holds 10,106 shares, worth roughly $0.49 million.
Truist downgraded its Academy Sports and Outdoors Inc [ASO] rating to a Hold from a a Buy in a research note published on November 19, 2024; the price target was decreased to $50 from $63. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who decreased its forecast for the stock in early October from “an Outperform” to “an In-line”. TD Cowen also remained covering ASO and has decreased its forecast on August 13, 2024 with a “Hold” recommendation from previously “Buy” rating. JP Morgan revised its rating on August 05, 2024. It rated ASO as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of ASO
On Tuesday, Academy Sports and Outdoors Inc [NASDAQ:ASO] saw its stock fall -2.89% to $48.01. Over the last five days, the stock has gained 4.30%. Academy Sports and Outdoors Inc shares have fallen nearly -27.26% since the year began. Nevertheless, the stocks have fallen -2.22% over the past one year. While a 52-week high of $75.73 was reached on 03/05/24, a 52-week low of $44.73 was recorded on 11/19/24. SMA at 50 days reached $53.52, while 200 days put it at $57.22.
Levels Of Support And Resistance For ASO Stock
The 24-hour chart illustrates a support level at 47.26, which if violated will result in even more drops to 46.51. On the upside, there is a resistance level at 49.31. A further resistance level may holdings at 50.61. The Relative Strength Index (RSI) on the 14-day chart is 42.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.77%. Stochastics %K at 33.14% indicates the stock is a holding.
How much short interest is there in Academy Sports and Outdoors Inc?
A steep rise in short interest was recorded in Academy Sports and Outdoors Inc stocks on 2024-11-15, dropping by -0.12 million shares to a total of 6.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.39 million shares. There was a decline of -1.86%, which implies that there is a negative sentiment for the stock.
