Acuity Brands, Inc’s filing revealed that its SVP & General Counsel GOLDMAN BARRY R unloaded Company’s shares for reported $1.56 million on Oct 28 ’24. In the deal valued at $305.00 per share,5,120 shares were sold. As a result of this transaction, GOLDMAN BARRY R now holds 8,438 shares worth roughly $2.55 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, GOLDMAN BARRY R bought 5,120 shares, generating $1,561,600 in total proceeds.
Before that, Leibman Maya bought 200 shares. Acuity Brands, Inc shares valued at $49,782 were divested by the Director at a price of $248.91 per share. As a result of the transaction, Leibman Maya now holds 200 shares, worth roughly $60540.0.
Wells Fargo downgraded its Acuity Brands, Inc [AYI] rating to an Equal weight from a an Overweight in a research note published on June 28, 2024; the price target was decreased to $260 from $295. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who remained covering the stock and in early April has reiterated a ‘”an Outperform”‘ rating for it. Robert W. Baird also remained covering AYI and has decreased its forecast on December 16, 2022 with a “Neutral” recommendation from previously “an Outperform” rating. William Blair revised its rating on June 23, 2022. It rated AYI as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of AYI
On Friday, Acuity Brands, Inc [NYSE:AYI] saw its stock fall -0.05% to $302.70. Over the last five days, the stock has lost -4.73%. Acuity Brands, Inc shares have risen nearly 47.78% since the year began. Nevertheless, the stocks have risen 49.33% over the past one year. While a 52-week high of $337.99 was reached on 11/13/24, a 52-week low of $199.47 was recorded on 01/03/24. SMA at 50 days reached $315.29, while 200 days put it at $270.69.
Levels Of Support And Resistance For AYI Stock
The 24-hour chart illustrates a support level at 299.66, which if violated will result in even more drops to 296.61. On the upside, there is a resistance level at 306.01. A further resistance level may holdings at 309.31. The Relative Strength Index (RSI) on the 14-day chart is 35.55, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -15.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.56%. Stochastics %K at 5.78% indicates the stock is a buying.
How much short interest is there in Acuity Brands, Inc?
A steep rise in short interest was recorded in Acuity Brands, Inc stocks on 2024-11-29, dropping by -0.21 million shares to a total of 0.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.87 million shares. There was a decline of -32.05%, which implies that there is a negative sentiment for the stock.
