Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Atmos Energy Corp shares valued at $30,916,200 were purchased by Atmos Energy Corporation Maste on Dec 10 ’24. At $147.22 per share, Atmos Energy Corporation Maste acquired 210,000 shares.
Also, Geiser Edward purchased 2,500 shares, netting a total of over 362,225 in proceeds. Following the buying of shares at $144.89 each, the insider now holds 2,602 shares.
Before that, WALTERS DIANA J had sold 400 shares from its account. In a trade valued at $47,200, the Director traded Atmos Energy Corp shares for $118.00 each. Upon closing the transaction, the insider’s holdings decreased to 400 shares, worth approximately $0.5 million.
As published in a research note from Argus on December 20, 2024, Atmos Energy Corp [ATO] has been rated up from a Hold to a Buy and the price target has been revised to $150. As of October 02, 2024, Jefferies has initiated its “Hold” rating for ATO. Earlier on September 09, 2024, Ladenburg Thalmann initiated its rating. Their recommendation was “a Buy” for ATO stock.
Analyzing ATO Stock Performance
During the last five days, there has been a surge of approximately 0.18%. Over the course of the year, Atmos Energy Corp shares have jumped approximately 0.18%. Shares of the company reached a 52-week high of $140.48 on 01/02/25 and a 52-week low of $136.16 on 01/06/25. A 50-day SMA is recorded $142.42, while a 200-day SMA reached $129.13. Nevertheless, trading volume fell to 0.94 million shares from 0.61 million shares the previous day.
Support And Resistance Levels for Atmos Energy Corp (ATO)
According to the 24-hour chart, there is a support level at 137.49, which, if violated, would cause prices to drop to 135.46. In the upper region, resistance lies at 140.63. The next price resistance is at 141.74. RSI (Relative Strength Index) is 47.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.06, which suggests the price will decrease in the coming days. Percent R is at 51.26%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
