Assurant Inc’s recent filing unveils that its EVP NAIR BIJU unloaded Company’s shares for reported $0.63 million on Nov 08 ’24. In the deal valued at $209.18 per share,3,000 shares were sold. As a result of this transaction, NAIR BIJU now holds 20,658 shares worth roughly $4.45 million.
Then, THE BIJU NAIR DECLARATION OF T bought 3,000 shares, generating $627,532 in total proceeds.
Before that, DiRienzo Dimitry sold 550 shares. Assurant Inc shares valued at $103,639 were divested by the SVP, CAO, Controller at a price of $188.44 per share. As a result of the transaction, DiRienzo Dimitry now holds 3,152 shares, worth roughly $0.68 million.
Morgan Stanley initiated its Assurant Inc [AIZ] rating to an Equal-weight in a research note published on December 05, 2024; the price target was $251. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who decreased its forecast for the stock in late August from “an Overweight” to “a Neutral”. Keefe Bruyette also remained covering AIZ and has decreased its forecast on February 12, 2024 with a “Mkt perform” recommendation from previously “an Outperform” rating. Piper Sandler revised its rating on June 13, 2023. It rated AIZ as “an Overweight” which previously was an “a Neutral”.
Price Performance Review of AIZ
On Tuesday, Assurant Inc [NYSE:AIZ] saw its stock jump 1.91% to $215.43. Over the last five days, the stock has gained 1.08%. Assurant Inc shares have risen nearly 27.86% since the year began. Nevertheless, the stocks have risen 29.82% over the past one year. While a 52-week high of $230.55 was reached on 11/25/24, a 52-week low of $160.12 was recorded on 07/08/24. SMA at 50 days reached $210.43, while 200 days put it at $187.05.
Levels Of Support And Resistance For AIZ Stock
The 24-hour chart illustrates a support level at 212.26, which if violated will result in even more drops to 209.09. On the upside, there is a resistance level at 217.45. A further resistance level may holdings at 219.47. The Relative Strength Index (RSI) on the 14-day chart is 50.48, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.86, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 57.68%. Stochastics %K at 28.19% indicates the stock is a holding.
How much short interest is there in Assurant Inc?
A steep rise in short interest was recorded in Assurant Inc stocks on 2024-11-29, growing by 73587.0 shares to a total of 0.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 0.7 million shares. There was a rise of 9.55%, which implies that there is a positive sentiment for the stock.
