In a filing, Andersons Inc revealed its Group President – ANI McNeely Joseph E unloaded Company’s shares for reported $0.11 million on Nov 27 ’24. In the deal valued at $47.73 per share,2,382 shares were sold. As a result of this transaction, McNeely Joseph E now holds 49,601 shares worth roughly $2.2 million.
Then, Bowe Patrick E. sold 5,419 shares, generating $328,175 in total proceeds. Upon selling the shares at $60.56, the President & CEO now owns 79,740 shares.
Before that, Bowe Patrick E. sold 3,387 shares. Andersons Inc shares valued at $203,254 were divested by the President & CEO at a price of $60.01 per share. As a result of the transaction, Bowe Patrick E. now holds 85,159 shares, worth roughly $3.78 million.
ROTH MKM initiated its Andersons Inc [ANDE] rating to a Buy in a research note published on June 22, 2023; the price target was $55. A number of analysts have revised their coverage, including Stephens’s analysts, who increased its forecast for the stock in early November from “an Equal-weight” to “an Overweight”. Lake Street began covering ANDE with “Buy” recommendation on October 20, 2021. Seaport Global Securities revised its rating on August 18, 2021. It rated ANDE as “a Buy” which previously was an “a Neutral”.
Price Performance Review of ANDE
On Friday, Andersons Inc [NASDAQ:ANDE] saw its stock jump 0.50% to $44.40. Over the last five days, the stock has gained 5.16%. Andersons Inc shares have risen nearly 9.58% since the year began. Nevertheless, the stocks have fallen -14.04% over the past one year. While a 52-week high of $61.46 was reached on 01/16/25, a 52-week low of $39.25 was recorded on 01/03/25. SMA at 50 days reached $44.80, while 200 days put it at $49.31.
Levels Of Support And Resistance For ANDE Stock
The 24-hour chart illustrates a support level at 44.11, which if violated will result in even more drops to 43.82. On the upside, there is a resistance level at 44.65. A further resistance level may holdings at 44.90. The Relative Strength Index (RSI) on the 14-day chart is 58.17, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.35%. Stochastics %K at 91.05% indicates the stock is a selling.
How much short interest is there in Andersons Inc?
A steep rise in short interest was recorded in Andersons Inc stocks on 2024-12-31, dropping by -0.32 million shares to a total of 0.64 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 0.96 million shares. There was a decline of -49.83%, which implies that there is a negative sentiment for the stock.
