In a filing, AAR Corp revealed its Senior VP-CFO Gillen Sean M. unloaded Company’s shares for reported $1.15 million on Jan 10 ’25. In the deal valued at $66.33 per share,17,385 shares were sold. As a result of this transaction, Gillen Sean M. now holds 72,326 shares worth roughly $4.9 million.
Then, Pachapa Eric sold 6,500 shares, generating $435,053 in total proceeds. Upon selling the shares at $66.93, the VP-CAO & Controller now owns 24,342 shares.
Before that, ERIC PACHAPA bought 6,500 shares. AAR Corp shares valued at $435,053 were divested by the Officer at a price of $66.93 per share.
William Blair initiated its AAR Corp [AIR] rating to an Outperform in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. RBC Capital Mkts began covering AIR with “an Outperform” recommendation on October 22, 2021. The Benchmark Company maintained its rating on March 24, 2021. It rated AIR as “a Buy”.
Price Performance Review of AIR
On Friday, AAR Corp [NYSE:AIR] saw its stock jump 0.94% to $67.72. Over the last five days, the stock has gained 9.95%. AAR Corp shares have risen nearly 10.51% since the year began. Nevertheless, the stocks have risen 15.52% over the past one year. While a 52-week high of $76.34 was reached on 01/08/25, a 52-week low of $54.71 was recorded on 01/07/25. SMA at 50 days reached $64.65, while 200 days put it at $65.84.
Levels Of Support And Resistance For AIR Stock
The 24-hour chart illustrates a support level at 65.78, which if violated will result in even more drops to 63.84. On the upside, there is a resistance level at 68.75. A further resistance level may holdings at 69.78. The Relative Strength Index (RSI) on the 14-day chart is 64.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.48, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.32%. Stochastics %K at 83.37% indicates the stock is a selling.
How much short interest is there in AAR Corp?
A steep rise in short interest was recorded in AAR Corp stocks on 2024-12-13, growing by 72346.0 shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.55 million shares. There was a rise of 11.72%, which implies that there is a positive sentiment for the stock.