In a filing, Empire State Realty Trust Inc revealed its EVP, Real Estate Durels Thomas P. unloaded Company’s shares for reported $0.1 million on Dec 24 ’24. In the deal valued at $10.10 per share,10,000 shares were sold. As a result of this transaction, Durels Thomas P. now holds 86,807 shares worth roughly $0.83 million.
Then, Durels Thomas P. bought 10,000 shares, generating $101,024 in total proceeds.
Before that, Durels Thomas P. sold 3,193 shares. Empire State Realty Trust Inc shares valued at $34,804 were divested by the EVP, Real Estate at a price of $10.90 per share. As a result of the transaction, Durels Thomas P. now holds 96,807 shares, worth roughly $0.92 million.
Evercore ISI downgraded its Empire State Realty Trust Inc [ESRT] rating to an In-line from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in late May from “an In-line” to “an Outperform”. Evercore ISI also remained covering ESRT and has decreased its forecast on April 12, 2023 with a “an In-line” recommendation from previously “an Outperform” rating. BMO Capital Markets revised its rating on March 03, 2023. It rated ESRT as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of ESRT
On Tuesday, Empire State Realty Trust Inc [NYSE:ESRT] saw its stock unchanged to $9.55. Over the last five days, the stock has lost -4.50%. Empire State Realty Trust Inc shares have fallen nearly -7.46% since the year began. Nevertheless, the stocks have fallen -4.12% over the past one year. While a 52-week high of $11.62 was reached on 01/02/25, a 52-week low of $8.78 was recorded on 01/13/25. SMA at 50 days reached $10.61, while 200 days put it at $10.19.
Levels Of Support And Resistance For ESRT Stock
The 24-hour chart illustrates a support level at 9.44, which if violated will result in even more drops to 9.32. On the upside, there is a resistance level at 9.64. A further resistance level may holdings at 9.73. The Relative Strength Index (RSI) on the 14-day chart is 30.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.45, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.42%. Stochastics %K at 17.66% indicates the stock is a buying.
How much short interest is there in Empire State Realty Trust Inc?
A steep rise in short interest was recorded in Empire State Realty Trust Inc stocks on 2024-12-31, dropping by -0.75 million shares to a total of 4.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.81 million shares. There was a decline of -18.59%, which implies that there is a negative sentiment for the stock.
