Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Armada Hoffler Properties Inc shares valued at $3,906 were purchased by Wimbush Frederick Blair on Jan 02 ’25. At $10.20 per share, Wimbush Frederick Blair acquired 383 shares. The insider’s holdings grew to 19,347 shares worth approximately $0.19 million following the completion of this transaction.
Also, KIRK A RUSSELL purchased 969 shares, netting a total of over 9,911 in proceeds. Following the buying of shares at $10.23 each, the insider now holds 49,321 shares.
Before that, Gartman Dennis H. had added 4,500 shares to its account. In a trade valued at $48,825, the Director bought Armada Hoffler Properties Inc shares for $10.85 each. Upon closing the transaction, the insider’s holdings increased to 4,500 shares, worth approximately $0.31 million.
Analysts at Jefferies downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid July. As of October 25, 2021, BofA Securities has decreased its “Neutral” rating to a “an Underperform” for AHH. Earlier on September 22, 2021, Stifel initiated its rating. Their recommendation was “a Buy” for AHH stock.
Analyzing AHH Stock Performance
During the last five days, there has been a drop of approximately -4.01%. Over the course of the year, Armada Hoffler Properties Inc shares have dropped approximately -4.01%. Shares of the company reached a 52-week high of $10.26 on 01/02/25 and a 52-week low of $9.72 on 01/08/25. A 50-day SMA is recorded $10.75, while a 200-day SMA reached $11.11. Nevertheless, trading volume fell to 0.56 million shares from 0.74 million shares the previous day.
Support And Resistance Levels for Armada Hoffler Properties Inc (AHH)
According to the 24-hour chart, there is a support level at 9.71, which, if violated, would cause prices to drop to 9.59. In the upper region, resistance lies at 9.94. The next price resistance is at 10.06. RSI (Relative Strength Index) is 29.61 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.24, which suggests the price will decrease in the coming days. Percent R is at 91.50%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
