AAR Corp’s recent filing unveils that its Officer JOHN HOLMES acquired Company’s shares for reported $0.35 million on Jan 17 ’25. In the deal valued at $70.81 per share,5,000 shares were bought.
Then, Jessup Christopher A. sold 33,481 shares, generating $2,357,108 in total proceeds. Upon selling the shares at $70.40, the Senior Vice President-CCO now owns 63,209 shares.
Before that, Jessup Christopher A. sold 500 shares. AAR Corp shares valued at $35,092 were divested by the Senior Vice President-CCO at a price of $70.19 per share. As a result of the transaction, Jessup Christopher A. now holds 70,297 shares, worth roughly $4.94 million.
KeyBanc Capital Markets initiated its AAR Corp [AIR] rating to an Overweight in a research note published on January 16, 2025; the price target was $83. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late January with a ‘”an Outperform”‘ rating. Stifel began covering AIR with “Buy” recommendation on December 01, 2023. RBC Capital Mkts started covering the stock on October 22, 2021. It rated AIR as “an Outperform”.
Price Performance Review of AIR
On Friday, AAR Corp [NYSE:AIR] saw its stock fall -0.57% to $70.21. Over the last five days, the stock has gained 3.68%. AAR Corp shares have risen nearly 14.57% since the year began. Nevertheless, the stocks have risen 22.87% over the past one year. While a 52-week high of $76.34 was reached on 01/17/25, a 52-week low of $54.71 was recorded on 01/07/25. SMA at 50 days reached $65.68, while 200 days put it at $66.10.
Levels Of Support And Resistance For AIR Stock
The 24-hour chart illustrates a support level at 69.67, which if violated will result in even more drops to 69.14. On the upside, there is a resistance level at 71.12. A further resistance level may holdings at 72.04. The Relative Strength Index (RSI) on the 14-day chart is 68.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.76, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.47%. Stochastics %K at 93.28% indicates the stock is a selling.
How much short interest is there in AAR Corp?
A steep rise in short interest was recorded in AAR Corp stocks on 2024-12-13, growing by 72346.0 shares to a total of 0.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 0.55 million shares. There was a rise of 11.72%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 24, 2021 when The Benchmark Company resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $52.
