Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AZEK Company Inc shares valued at $882,193 were sold by Singh Jesse G on Jan 10 ’25. At $44.98 per share, Singh Jesse G sold 19,613 shares. The insider’s holdings dropped to 904,152 shares worth approximately $44.77 million following the completion of this transaction.
Also, Singh Jesse G purchased 19,613 shares, netting a total of over 882,243 in proceeds.
Before that, Toole Samara had sold 1,709 shares from its account. In a trade valued at $90,577, the Chief Marketing Officer traded AZEK Company Inc shares for $53.00 each. Upon closing the transaction, the insider’s holdings decreased to 1,709 shares, worth approximately $0.82 million.
As published in a research note from Citigroup on January 06, 2025, AZEK Company Inc [AZEK] has been rated up from a Neutral to a Buy and the price target has been revised to $60 from $51. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early October. As of July 23, 2024, BMO Capital Markets has decreased its “an Outperform” rating to a “Market perform” for AZEK. Earlier on July 03, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for AZEK stock which previously was a “a Buy”.
Analyzing AZEK Stock Performance
During the last five days, there has been a surge of approximately 6.40%. Over the course of the year, AZEK Company Inc shares have jumped approximately 4.32%. Shares of the company reached a 52-week high of $49.97 on 01/15/25 and a 52-week low of $44.34 on 01/13/25. A 50-day SMA is recorded $49.31, while a 200-day SMA reached $45.70. Nevertheless, trading volume fell to 2.79 million shares from 2.06 million shares the previous day.
Support And Resistance Levels for AZEK Company Inc (AZEK)
According to the 24-hour chart, there is a support level at 48.85, which, if violated, would cause prices to drop to 48.18. In the upper region, resistance lies at 50.08. The next price resistance is at 50.64. RSI (Relative Strength Index) is 53.97 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.23, which suggests the price will decrease in the coming days. Percent R is at 7.99%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
