Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American Airlines Group Inc shares valued at $1,763,512 were sold by Isom Robert D Jr on Dec 27 ’24. At $17.21 per share, Isom Robert D Jr sold 102,441 shares. The insider’s holdings dropped to 2,967,984 shares worth approximately $53.63 million following the completion of this transaction.
Also, Isom Robert D Jr purchased 102,441 shares, netting a total of over 1,763,515 in proceeds.
As published in a research note from TD Cowen on January 06, 2025, American Airlines Group Inc [AAL] has been rated up from a Hold to a Buy and the price target has been revised to $25 from $17. Analysts at Melius upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of January 06, 2025, Jefferies has increased its “Hold” rating to a “Buy” for AAL. Earlier on December 30, 2024, Raymond James upgraded its rating. Their new recommendation was “an Outperform” for AAL stock which previously was a “a Mkt perform”.
Analyzing AAL Stock Performance
During the last five days, there has been a surge of approximately 2.15%. Over the course of the year, American Airlines Group Inc shares have jumped approximately 3.67%. Shares of the company reached a 52-week high of $18.56 on 01/15/25 and a 52-week low of $16.27 on 01/03/25. A 50-day SMA is recorded $15.88, while a 200-day SMA reached $12.92. Nevertheless, trading volume fell to 19.69 million shares from 26.18 million shares the previous day.
Support And Resistance Levels for American Airlines Group Inc (AAL)
According to the 24-hour chart, there is a support level at 17.84, which, if violated, would cause prices to drop to 17.61. In the upper region, resistance lies at 18.43. The next price resistance is at 18.79. RSI (Relative Strength Index) is 62.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.38, which suggests the price will decrease in the coming days. Percent R is at 21.40%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
