Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American Eagle Outfitters Inc shares valued at $48,044 were purchased by MCMILLAN CARY D on Jan 16 ’25. At $16.02 per share, MCMILLAN CARY D acquired 2,999 shares.
Also, MCMILLAN CARY D sold 2,283 shares, netting a total of over 49,057 in proceeds. Following the sale of shares at $21.49 each, the insider now holds 0 shares.
Before that, MCMILLAN CARY D had added 2,283 shares to its account. In a trade valued at $49,057, the Director bought American Eagle Outfitters Inc shares for $21.49 each.
As published in a research note from Telsey Advisory Group on January 14, 2025, American Eagle Outfitters Inc [AEO] has been retained to a Market perform and the price target has been revised to $18. Analysts at Raymond James started covering the stock with ‘”a Mkt perform”‘ outlook in a report released in mid December. As of December 05, 2024, Telsey Advisory Group has reiterated its “Market perform” rating for AEO. Earlier on December 05, 2024, JP Morgan downgraded its rating. Their new recommendation was “a Neutral” for AEO stock which previously was a “an Overweight”.
Analyzing AEO Stock Performance
During the last five days, there has been a drop of approximately -5.69%. Over the course of the year, American Eagle Outfitters Inc shares have dropped approximately -6.54%. Shares of the company reached a 52-week high of $17.43 on 01/06/25 and a 52-week low of $15.36 on 01/13/25. A 50-day SMA is recorded $17.58, while a 200-day SMA reached $20.54. Nevertheless, trading volume fell to 5.56 million shares from 4.31 million shares the previous day.
Support And Resistance Levels for American Eagle Outfitters Inc (AEO)
According to the 24-hour chart, there is a support level at 15.39, which, if violated, would cause prices to drop to 15.21. In the upper region, resistance lies at 15.93. The next price resistance is at 16.29. RSI (Relative Strength Index) is 35.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.57, which suggests the price will decrease in the coming days. Percent R is at 89.37%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
