Academy Sports and Outdoors Inc’s recently made public that 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 $0.48 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 $0.55 million.
Telsey Advisory Group reiterated its Academy Sports and Outdoors Inc [ASO] rating to an Outperform in a research note published on December 05, 2024; the price target was $60. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. Evercore ISI also remained covering ASO and has decreased its forecast on October 03, 2024 with a “an In-line” recommendation from previously “an Outperform” rating. TD Cowen revised its rating on August 13, 2024. It rated ASO as “a Hold” which previously was an “a Buy”.
Price Performance Review of ASO
On Friday, Academy Sports and Outdoors Inc [NASDAQ:ASO] saw its stock jump 1.89% to $54.31. Over the last five days, the stock has gained 7.76%. Academy Sports and Outdoors Inc shares have fallen nearly -17.71% since the year began. Nevertheless, the stocks have fallen -6.83% 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 $51.58, while 200 days put it at $56.06.
Levels Of Support And Resistance For ASO Stock
The 24-hour chart illustrates a support level at 53.32, which if violated will result in even more drops to 52.33. On the upside, there is a resistance level at 54.98. A further resistance level may holdings at 55.65. The Relative Strength Index (RSI) on the 14-day chart is 63.01, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.30, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 21.58%. Stochastics %K at 78.56% 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.
