In a filing, Armada Hoffler Properties Inc revealed its Director Wimbush Frederick Blair acquired Company’s shares for reported $3906.0 on Jan 02 ’25. In the deal valued at $10.20 per share,383 shares were bought. As a result of this transaction, Wimbush Frederick Blair now holds 19,347 shares worth roughly $0.19 million.
Then, KIRK A RUSSELL bought 969 shares, generating $9,911 in total proceeds. Upon buying the shares at $10.23, the Director now owns 49,321 shares.
Before that, Gartman Dennis H. bought 4,500 shares. Armada Hoffler Properties Inc shares valued at $48,825 were divested by the Director at a price of $10.85 per share. As a result of the transaction, Gartman Dennis H. now holds 31,649 shares, worth roughly $0.31 million.
A number of analysts have revised their coverage, including Jefferies’s analysts, who decreased its forecast for the stock in mid July from “a Buy” to “a Hold”. BofA Securities also remained covering AHH and has decreased its forecast on October 25, 2021 with a “an Underperform” recommendation from previously “Neutral” rating. Stifel started covering the stock on September 22, 2021. It rated AHH as “a Buy”.
Price Performance Review of AHH
On Friday, Armada Hoffler Properties Inc [NYSE:AHH] saw its stock fall -0.51% to $9.76. Over the last five days, the stock has gained 0.62%. Armada Hoffler Properties Inc shares have fallen nearly -4.59% since the year began. Nevertheless, the stocks have fallen -18.87% over the past one year. While a 52-week high of $12.46 was reached on 01/02/25, a 52-week low of $9.26 was recorded on 01/14/25. SMA at 50 days reached $10.60, while 200 days put it at $11.09.
Levels Of Support And Resistance For AHH Stock
The 24-hour chart illustrates a support level at 9.70, which if violated will result in even more drops to 9.64. On the upside, there is a resistance level at 9.85. A further resistance level may holdings at 9.94. The Relative Strength Index (RSI) on the 14-day chart is 38.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.50%. Stochastics %K at 46.80% indicates the stock is a holding.
How much short interest is there in Armada Hoffler Properties Inc?
A steep rise in short interest was recorded in Armada Hoffler Properties Inc stocks on 2024-12-31, growing by 1.1 million shares to a total of 2.19 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.09 million shares. There was a rise of 50.27%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 23, 2021 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.
