AZEK Company Inc’s recently made public that its Officer Singh Jesse G acquired Company’s shares for reported $0.88 million on Jan 10 ’25. In the deal valued at $44.98 per share,19,613 shares were bought.
Then, Toole Samara sold 1,709 shares, generating $90,577 in total proceeds. Upon selling the shares at $53.00, the Chief Marketing Officer now owns 16,632 shares.
Before that, Singh Jesse G sold 20,000 shares. AZEK Company Inc shares valued at $1,066,366 were divested by the CEO and President at a price of $53.32 per share. As a result of the transaction, Singh Jesse G now holds 923,765 shares, worth roughly $41.38 million.
Citigroup upgraded its AZEK Company Inc [AZEK] rating to a Buy from a a Neutral in a research note published on January 06, 2025; the price target was increased to $60 from $51. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Hold”. BMO Capital Markets also remained covering AZEK and has decreased its forecast on July 23, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. DA Davidson revised its rating on July 03, 2024. It rated AZEK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of AZEK
On Friday, AZEK Company Inc [NYSE:AZEK] saw its stock fall -3.11% to $44.79. Over the last five days, the stock has lost -4.88%. AZEK Company Inc shares have fallen nearly -5.65% since the year began. Nevertheless, the stocks have risen 21.02% over the past one year. While a 52-week high of $54.91 was reached on 01/06/25, a 52-week low of $35.48 was recorded on 01/10/25. SMA at 50 days reached $49.14, while 200 days put it at $45.73.
Levels Of Support And Resistance For AZEK Stock
The 24-hour chart illustrates a support level at 44.40, which if violated will result in even more drops to 44.02. On the upside, there is a resistance level at 45.40. A further resistance level may holdings at 46.02. The Relative Strength Index (RSI) on the 14-day chart is 30.51, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.79%. Stochastics %K at 7.19% indicates the stock is a buying.
How much short interest is there in AZEK Company Inc?
A steep rise in short interest was recorded in AZEK Company Inc stocks on 2024-10-31, growing by 0.16 million shares to a total of 5.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.47 million shares. There was a rise of 2.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 19, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $55 price target.
