Academy Sports and Outdoors Inc’s recent filing unveils that its Director Tweedy Jeffrey C. unloaded Company’s shares for reported $74400.0 on Sep 18 ’24. In the deal valued at $62.00 per share,1,200 shares were sold. As a result of this transaction, Tweedy Jeffrey C. now holds 8,906 shares worth roughly $0.47 million.
Then, Tweedy Jeffrey C. bought 1,200 shares, generating $74,400 in total proceeds.
Before that, Tweedy Jeffrey C. sold 625 shares. Academy Sports and Outdoors Inc shares valued at $33,906 were divested by the Director at a price of $54.25 per share. As a result of the transaction, Tweedy Jeffrey C. now holds 10,106 shares, worth roughly $0.53 million.
Citigroup initiated its Academy Sports and Outdoors Inc [ASO] rating to a Buy in a research note published on December 18, 2024; the price target was $65. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in early December has reiterated a ‘”an Outperform”‘ rating for it. Truist also remained covering ASO and has decreased its forecast on November 19, 2024 with a “Hold” recommendation from previously “Buy” rating. Evercore ISI revised its rating on October 03, 2024. It rated ASO as “an In-line” which previously was an “an Outperform”.
Price Performance Review of ASO
On Tuesday, Academy Sports and Outdoors Inc [NASDAQ:ASO] saw its stock fall -5.57% to $52.39. Over the last five days, the stock has lost -7.44%. Academy Sports and Outdoors Inc shares have fallen nearly -8.93% since the year began. Nevertheless, the stocks have fallen -16.85% over the past one year. While a 52-week high of $75.73 was reached on 01/08/25, a 52-week low of $44.73 was recorded on 01/14/25. SMA at 50 days reached $52.65, while 200 days put it at $54.84.
Levels Of Support And Resistance For ASO Stock
The 24-hour chart illustrates a support level at 50.95, which if violated will result in even more drops to 49.50. On the upside, there is a resistance level at 54.97. A further resistance level may holdings at 57.54. The Relative Strength Index (RSI) on the 14-day chart is 40.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 96.62%. Stochastics %K at 19.77% indicates the stock is a buying.
How much short interest is there in Academy Sports and Outdoors Inc?
A steep rise in short interest was recorded in Academy Sports and Outdoors Inc stocks on 2024-11-15, dropping by -0.12 million shares to a total of 6.28 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 6.39 million shares. There was a decline of -1.86%, which implies that there is a negative sentiment for the stock.
