FTAI Aviation Ltd’s recently made public that its Director GOODWIN PAUL R unloaded Company’s shares for reported $3.49 million on Nov 22 ’24. In the deal valued at $174.36 per share,20,000 shares were sold. As a result of this transaction, GOODWIN PAUL R now holds 93,413 shares worth roughly $14.76 million.
Then, Adams Joseph P. Jr. bought 59,000 shares, generating $4,838,000 in total proceeds. Upon buying the shares at $82.00, the CEO and Chairman now owns 197,382 shares.
BTIG Research reiterated its FTAI Aviation Ltd [FTAI] rating to a Buy in a research note published on December 31, 2024; the price target was $190. Stifel also remained covering FTAI and has increased its forecast on July 26, 2024 with a “Buy” recommendation from previously “Hold” rating. Wolfe Research revised its rating on July 10, 2024. It rated FTAI as “a Peer perform” which previously was an “an Outperform”.
Price Performance Review of FTAI
On Monday, FTAI Aviation Ltd [NASDAQ:FTAI] saw its stock jump 4.35% to $157.96. Over the last five days, the stock has gained 24.27%. FTAI Aviation Ltd shares have risen nearly 9.66% since the year began. Nevertheless, the stocks have risen 244.97% over the past one year. While a 52-week high of $177.18 was reached on 01/06/25, a 52-week low of $44.79 was recorded on 01/02/25. SMA at 50 days reached $149.54, while 200 days put it at $112.73.
Levels Of Support And Resistance For FTAI Stock
The 24-hour chart illustrates a support level at 152.92, which if violated will result in even more drops to 147.89. On the upside, there is a resistance level at 160.56. A further resistance level may holdings at 163.17. The Relative Strength Index (RSI) on the 14-day chart is 63.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 16.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 0.49%. Stochastics %K at 92.80% indicates the stock is a selling.
How much short interest is there in FTAI Aviation Ltd?
A steep rise in short interest was recorded in FTAI Aviation Ltd stocks on 2024-12-13, dropping by -0.3 million shares to a total of 2.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.16 million shares. There was a decline of -10.66%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 25, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $120 price target.
