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Assured Guaranty Ltd [AGO] President/CEO/Deputy Chairman makes an insider sale of 34,000 shares worth $3.0 million.

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In a filing, Assured Guaranty Ltd revealed its President/CEO/Deputy Chairman FREDERICO DOMINIC unloaded Company’s shares for reported $3.0 million on Dec 10 ’24. In the deal valued at $88.33 per share,34,000 shares were sold. As a result of this transaction, FREDERICO DOMINIC now holds 1,327,969 shares worth roughly $116.46 million.

Then, FREDERICO DOMINIC bought 34,000 shares, generating $3,000,000 in total proceeds.

Before that, Bailenson Robert sold 25,000 shares. Assured Guaranty Ltd shares valued at $2,336,000 were divested by the Chief Operating Officer at a price of $93.44 per share. As a result of the transaction, Bailenson Robert now holds 279,835 shares, worth roughly $24.54 million.

Keefe Bruyette upgraded its Assured Guaranty Ltd [AGO] rating to an Outperform from a a Mkt perform in a research note published on July 09, 2024; the price target was increased to $92 from $87. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who decreased its forecast for the stock in early April from “an Outperform” to “a Mkt perform”. Compass Point began covering AGO with “Buy” recommendation on November 28, 2022. UBS revised its rating on April 05, 2022. It rated AGO as “a Neutral” which previously was an “a Buy”.

Price Performance Review of AGO

On Friday, Assured Guaranty Ltd [NYSE:AGO] saw its stock jump 2.10% to $87.70. Over the last five days, the stock has lost -2.61%. Assured Guaranty Ltd shares have risen nearly 17.20% since the year began. Nevertheless, the stocks have risen 20.57% over the past one year. While a 52-week high of $96.60 was reached on 02/28/24, a 52-week low of $72.49 was recorded on 08/08/24. SMA at 50 days reached $88.28, while 200 days put it at $81.96.

Levels Of Support And Resistance For AGO Stock

The 24-hour chart illustrates a support level at 86.16, which if violated will result in even more drops to 84.62. On the upside, there is a resistance level at 88.72. A further resistance level may holdings at 89.74. The Relative Strength Index (RSI) on the 14-day chart is 44.62, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 70.10%. Stochastics %K at 12.16% indicates the stock is a buying.

How much short interest is there in Assured Guaranty Ltd?

A steep rise in short interest was recorded in Assured Guaranty Ltd stocks on 2024-11-29, growing by 31225.0 shares to a total of 0.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.91 million shares. There was a rise of 3.31%, which implies that there is a positive sentiment for the stock.

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