The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Addus HomeCare Corporation shares valued at $3,118,877 were sold by ALLISON R DIRK on Jan 02 ’25. At $124.76 per share, ALLISON R DIRK sold 25,000 shares. The insider’s holdings dropped to 79,397 shares worth approximately $10.04 million following the completion of this transaction.
Also, DIRK ALLISON purchased 25,000 shares, netting a total of over 3,118,885 in proceeds.
Before that, Stevenson Roberton James had sold 2,250 shares from its account. In a trade valued at $272,250, the EVP & Chief HR Officer traded Addus HomeCare Corporation shares for $121.00 each. Upon closing the transaction, the insider’s holdings decreased to 2,250 shares, worth approximately $1.29 million.
As published in their initiating research note from JMP Securities on December 16, 2024, Addus HomeCare Corporation [ADUS] has been a Mkt outperform and the price target has been revised to $150. Analysts at KeyBanc Capital Markets started covering the stock with ‘”an Overweight”‘ outlook in a report released in mid October. As of June 28, 2024, Macquarie has initiated its “an Outperform” rating for ADUS. Earlier on April 23, 2024, Barclays downgraded its rating. Their new recommendation was “an Underweight” for ADUS stock which previously was a “an Equal weight”.
Analyzing ADUS Stock Performance
During the last five days, there has been a surge of approximately 0.85%. Over the course of the year, Addus HomeCare Corporation shares have jumped approximately 0.85%. Shares of the company reached a 52-week high of $127.00 on 01/08/25 and a 52-week low of $123.79 on 01/06/25. A 50-day SMA is recorded $125.17, while a 200-day SMA reached $119.76. Nevertheless, trading volume fell to 0.11 million shares from 0.13 million shares the previous day.
Support And Resistance Levels for Addus HomeCare Corporation (ADUS)
According to the 24-hour chart, there is a support level at 125.04, which, if violated, would cause prices to drop to 123.65. In the upper region, resistance lies at 127.40. The next price resistance is at 128.38. RSI (Relative Strength Index) is 51.07 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.58, which suggests the price will decrease in the coming days. Percent R is at 69.98%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
