In a filing, Adient plc revealed its EVP, Americas Conklin James unloaded Company’s shares for reported $0.23 million on Dec 04 ’24. In the deal valued at $20.25 per share,11,500 shares were sold. As a result of this transaction, Conklin James now holds 51,829 shares worth roughly $1.03 million.
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
Then, JAMES D CONKLIN bought 11,500 shares, generating $232,831 in total proceeds.
Before that, Smith Gregory Scott sold 1,000 shares. Adient plc shares valued at $29,470 were divested by the SVP & Chief Accounting Officer at a price of $29.47 per share. As a result of the transaction, Smith Gregory Scott now holds 15,399 shares, worth roughly $0.3 million.
BofA Securities downgraded its Adient plc [ADNT] rating to a Neutral from a a Buy in a research note published on November 21, 2024; the price target was decreased to $24 from $30. Exane BNP Paribas revised its rating on July 01, 2024. It rated ADNT as “a Neutral” which previously was an “an Underperform”.
Price Performance Review of ADNT
On Tuesday, Adient plc [NYSE:ADNT] saw its stock jump 0.51% to $19.80. Over the last five days, the stock has lost -0.50%. Adient plc shares have fallen nearly -45.54% since the year began. Nevertheless, the stocks have fallen -39.80% over the past one year. While a 52-week high of $37.19 was reached on 01/02/24, a 52-week low of $18.53 was recorded on 11/21/24. SMA at 50 days reached $20.63, while 200 days put it at $25.29.
Levels Of Support And Resistance For ADNT Stock
The 24-hour chart illustrates a support level at 19.42, which if violated will result in even more drops to 19.05. On the upside, there is a resistance level at 20.00. A further resistance level may holdings at 20.21. The Relative Strength Index (RSI) on the 14-day chart is 48.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.73%. Stochastics %K at 45.44% indicates the stock is a holding.
How much short interest is there in Adient plc?
A steep rise in short interest was recorded in Adient plc stocks on 2024-11-29, dropping by -0.67 million shares to a total of 4.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 4.91 million shares. There was a decline of -15.69%, which implies that there is a negative sentiment for the stock.
