In a filing, American Eagle Outfitters Inc revealed its Director MCMILLAN CARY D unloaded Company’s shares for reported $48044.0 on Jan 16 ’25. In the deal valued at $16.02 per share,2,999 shares were sold. As a result of this transaction, MCMILLAN CARY D now holds 0 shares worth roughly $0.0.
Then, MCMILLAN CARY D bought 2,999 shares, generating $48,044 in total proceeds.
Before that, MCMILLAN CARY D sold 2,283 shares. American Eagle Outfitters Inc shares valued at $49,057 were divested by the Director at a price of $21.49 per share. As a result of the transaction, MCMILLAN CARY D now holds 0 shares, worth roughly $0.0.
Morgan Stanley upgraded its American Eagle Outfitters Inc [AEO] rating to an Equal-weight from a an Underweight in a research note published on January 21, 2025; the price target was increased to $16 from $15. A number of analysts have revised their coverage, including Telsey Advisory Group’s analysts, who remained covering the stock and in mid January has reiterated a ‘”a Market perform”‘ rating for it. Raymond James began covering AEO with “Mkt perform” recommendation on December 13, 2024. Telsey Advisory Group maintained its rating on December 05, 2024. It rated AEO as “a Market perform”.
Price Performance Review of AEO
On Tuesday, American Eagle Outfitters Inc [NYSE:AEO] saw its stock jump 7.55% to $17.24. Over the last five days, the stock has gained 11.30%. American Eagle Outfitters Inc shares have risen nearly 3.42% since the year began. Nevertheless, the stocks have fallen -14.91% over the past one year. While a 52-week high of $26.44 was reached on 01/06/25, a 52-week low of $15.36 was recorded on 01/13/25. SMA at 50 days reached $17.48, while 200 days put it at $20.46.
Levels Of Support And Resistance For AEO Stock
The 24-hour chart illustrates a support level at 16.78, which if violated will result in even more drops to 16.33. On the upside, there is a resistance level at 17.51. A further resistance level may holdings at 17.79. The Relative Strength Index (RSI) on the 14-day chart is 54.10, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.18, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 9.18%. Stochastics %K at 51.85% indicates the stock is a holding.
How much short interest is there in American Eagle Outfitters Inc?
A steep rise in short interest was recorded in American Eagle Outfitters Inc stocks on 2024-11-15, dropping by -1.35 million shares to a total of 14.98 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 16.32 million shares. There was a decline of -9.0%, which implies that there is a negative sentiment for the stock.
