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Keeping an Eye on Alexandria Real Estate Equities Inc (ARE) After Insider Trading Activity

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Alexandria Real Estate Equities Inc’s recent filing unveils that its EVP – Talent Management Alsbrook Madeleine Thorp unloaded Company’s shares for reported $0.45 million on Dec 16 ’24. In the deal valued at $102.34 per share,4,360 shares were sold. As a result of this transaction, Alsbrook Madeleine Thorp now holds 22,067 shares worth roughly $2.26 million.

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Then, Alsbrook Madeleine Thorp bought 4,360 shares, generating $446,202 in total proceeds.

Before that, Moglia Peter M bought 10,000 shares. Alexandria Real Estate Equities Inc shares valued at $1,022,600 were divested by the Officer at a price of $102.26 per share.

JP Morgan downgraded its Alexandria Real Estate Equities Inc [ARE] rating to a Neutral from a an Overweight in a research note published on November 27, 2024; the price target was decreased to $121 from $133. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in mid November from “a Buy” to “a Hold”. RBC Capital Mkts also remained covering ARE and has decreased its forecast on October 25, 2024 with a “Sector perform” recommendation from previously “an Outperform” rating. Citigroup revised its rating on September 13, 2024. It rated ARE as “a Neutral” which previously was an “a Buy”.

Price Performance Review of ARE

On Tuesday, Alexandria Real Estate Equities Inc [NYSE:ARE] saw its stock jump 0.93% to $102.31. Over the last five days, the stock has lost -2.10%. Alexandria Real Estate Equities Inc shares have fallen nearly -19.29% since the year began. Nevertheless, the stocks have fallen -21.38% over the past one year. While a 52-week high of $131.82 was reached on 01/02/24, a 52-week low of $101.34 was recorded on 12/17/24. SMA at 50 days reached $111.07, while 200 days put it at $117.61.

Levels Of Support And Resistance For ARE Stock

The 24-hour chart illustrates a support level at 100.76, which if violated will result in even more drops to 99.22. On the upside, there is a resistance level at 103.49. A further resistance level may holdings at 104.68. The Relative Strength Index (RSI) on the 14-day chart is 36.63, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.34, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.11%. Stochastics %K at 9.24% indicates the stock is a buying.

How much short interest is there in Alexandria Real Estate Equities Inc?

A steep rise in short interest was recorded in Alexandria Real Estate Equities Inc stocks on 2024-11-29, dropping by -0.13 million shares to a total of 2.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 3.06 million shares. There was a decline of -4.52%, which implies that there is a negative sentiment for the stock.

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