FTAI Aviation Ltd’s recent filing unveils that its Director GOODWIN PAUL R unloaded Company’s shares for reported $3.49 million on Nov 22 ’24. In the deal valued at $174.36 per share,20,000 shares were sold. As a result of this transaction, GOODWIN PAUL R now holds 93,413 shares worth roughly $16.26 million.
Then, Adams Joseph P. Jr. bought 59,000 shares, generating $4,838,000 in total proceeds. Upon buying the shares at $82.00, the CEO and Chairman now owns 197,382 shares.
Wolfe Research upgraded its FTAI Aviation Ltd [FTAI] rating to an Outperform from a a Peer perform in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who remained covering the stock and in late December has reiterated a ‘”a Buy”‘ rating for it. Stifel revised its rating on July 26, 2024. It rated FTAI as “a Buy” which previously was an “a Hold”.
Price Performance Review of FTAI
On Friday, FTAI Aviation Ltd [NASDAQ:FTAI] saw its stock jump 3.10% to $174.02. Over the last five days, the stock has gained 20.48%. FTAI Aviation Ltd shares have risen nearly 20.81% since the year began. Nevertheless, the stocks have risen 272.47% over the past one year. While a 52-week high of $177.18 was reached on 01/10/25, a 52-week low of $46.20 was recorded on 01/02/25. SMA at 50 days reached $150.99, while 200 days put it at $114.26.
Levels Of Support And Resistance For FTAI Stock
The 24-hour chart illustrates a support level at 167.75, which if violated will result in even more drops to 161.49. On the upside, there is a resistance level at 180.96. A further resistance level may holdings at 187.91. The Relative Strength Index (RSI) on the 14-day chart is 71.90, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 24.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 13.07%. Stochastics %K at 94.77% indicates the stock is a selling.
How much short interest is there in FTAI Aviation Ltd?
A steep rise in short interest was recorded in FTAI Aviation Ltd stocks on 2024-12-13, dropping by -0.3 million shares to a total of 2.86 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.16 million shares. There was a decline of -10.66%, which implies that there is a negative sentiment for the stock.
