Acadia Healthcare Company Inc’s recent filing unveils that its Officer Hollinsworth John S. acquired Company’s shares for reported $1.06 million on Aug 30 ’24. In the deal valued at $53.02 per share,20,000 shares were bought.
Then, Hollinsworth John S. bought 10,000 shares, generating $812,065 in total proceeds.
Before that, Hollinsworth John S. bought 5,000 shares. Acadia Healthcare Company Inc shares valued at $357,829 were divested by the Officer at a price of $71.57 per share.
KeyBanc Capital Markets upgraded its Acadia Healthcare Company Inc [ACHC] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who increased its forecast for the stock in mid December from “a Hold” to “a Buy”. KeyBanc Capital Markets began covering ACHC with “Sector weight” recommendation on October 11, 2024. Deutsche Bank revised its rating on April 25, 2024. It rated ACHC as “a Hold” which previously was an “a Sell”.
Price Performance Review of ACHC
On Tuesday, Acadia Healthcare Company Inc [NASDAQ:ACHC] saw its stock jump 0.62% to $45.13. Over the last five days, the stock has gained 16.98%. Acadia Healthcare Company Inc shares have risen nearly 13.82% since the year began. Nevertheless, the stocks have fallen -43.05% over the past one year. While a 52-week high of $87.77 was reached on 01/07/25, a 52-week low of $36.50 was recorded on 01/02/25. SMA at 50 days reached $41.28, while 200 days put it at $62.35.
Levels Of Support And Resistance For ACHC Stock
The 24-hour chart illustrates a support level at 44.34, which if violated will result in even more drops to 43.55. On the upside, there is a resistance level at 46.38. A further resistance level may holdings at 47.63. The Relative Strength Index (RSI) on the 14-day chart is 69.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.79, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.03%. Stochastics %K at 92.01% indicates the stock is a selling.
How much short interest is there in Acadia Healthcare Company Inc?
A steep rise in short interest was recorded in Acadia Healthcare Company Inc stocks on 2024-12-13, growing by 0.3 million shares to a total of 6.85 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 6.55 million shares. There was a rise of 4.42%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 06, 2024 when Barclays began covering the stock and recommended ‘”an Overweight”‘ rating along with a $100 price target.
