In a filing, Acuity Brands, Inc revealed 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 $2.6 million.
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 $61512.0.
Morgan Stanley initiated its Acuity Brands, Inc [AYI] rating to an Equal-weight in a research note published on January 06, 2025; the price target was $304. A number of analysts have revised their coverage, including William Blair’s analysts, who increased its forecast for the stock in early January from “a Mkt perform” to “an Outperform”. Wells Fargo also remained covering AYI and has decreased its forecast on June 28, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Oppenheimer maintained its rating on April 04, 2024. It rated AYI as “an Outperform”.
Price Performance Review of AYI
On Monday, Acuity Brands, Inc [NYSE:AYI] saw its stock jump 1.98% to $307.56. Over the last five days, the stock has gained 3.30%. Acuity Brands, Inc shares have risen nearly 5.28% since the year began. Nevertheless, the stocks have risen 51.11% over the past one year. While a 52-week high of $337.99 was reached on 01/06/25, a 52-week low of $201.88 was recorded on 01/03/25. SMA at 50 days reached $314.60, while 200 days put it at $272.53.
Levels Of Support And Resistance For AYI Stock
The 24-hour chart illustrates a support level at 303.54, which if violated will result in even more drops to 299.51. On the upside, there is a resistance level at 310.77. A further resistance level may holdings at 313.97. The Relative Strength Index (RSI) on the 14-day chart is 49.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 45.06%. Stochastics %K at 36.08% indicates the stock is a holding.
How much short interest is there in Acuity Brands, Inc?
A steep rise in short interest was recorded in Acuity Brands, Inc stocks on 2024-12-13, growing by 0.14 million shares to a total of 0.89 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.75 million shares. There was a rise of 15.77%, which implies that there is a positive sentiment for the stock.
