KD Logo

A company insider recently sold 4,647 shares of American Water Works Co. Inc [AWK]. Should You Sale?

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. American Water Works Co. Inc shares valued at $642,018 were sold by Norton Cheryl on Nov 22 ’24. At $138.16 per share, Norton Cheryl sold 4,647 shares. The insider’s holdings dropped to 17,552 shares worth approximately $2.3 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, Norton Cheryl purchased 4,647 shares, netting a total of over 642,022 in proceeds.

Before that, GOSS MARTHA CLARK had sold 710 shares from its account. In a trade valued at $101,424, the Director traded American Water Works Co. Inc shares for $142.85 each. Upon closing the transaction, the insider’s holdings decreased to 710 shares, worth approximately $4.83 million.

As published in a research note from UBS on November 19, 2024, American Water Works Co. Inc [AWK] has been rated up from a Neutral to a Buy and the price target has been revised to $155 from $151. Analysts at Mizuho downgraded the stock from ‘”an Outperform”‘ to ‘”a Neutral”‘ outlook in a report released in mid October. As of October 07, 2024, Jefferies has initiated its “an Underperform” rating for AWK.

Analyzing AWK Stock Performance

During the last five days, there has been a drop of approximately -4.78%. Over the course of the year, American Water Works Co. Inc shares have dropped approximately -0.74%. Shares of the company reached a 52-week high of $150.68 on 09/17/24 and a 52-week low of $113.34 on 04/16/24. A 50-day SMA is recorded $138.32, while a 200-day SMA reached $132.96. Nevertheless, trading volume fell to 1.88 million shares from 39537.0 shares the previous day.

Support And Resistance Levels for American Water Works Co. Inc (AWK)

According to the 24-hour chart, there is a support level at 129.50, which, if violated, would cause prices to drop to 128.00. In the upper region, resistance lies at 133.42. The next price resistance is at 135.84. RSI (Relative Strength Index) is 35.67 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.53, which suggests the price will decrease in the coming days. Percent R is at 93.55%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular