AZEK Company Inc’s recently made public that its CEO and President Singh Jesse G unloaded Company’s shares for reported $0.88 million on Jan 10 ’25. In the deal valued at $44.98 per share,19,613 shares were sold. As a result of this transaction, Singh Jesse G now holds 904,152 shares worth roughly $45.41 million.
Then, Singh Jesse G bought 19,613 shares, generating $882,243 in total proceeds.
Before that, Toole Samara sold 1,709 shares. AZEK Company Inc shares valued at $90,577 were divested by the Chief Marketing Officer at a price of $53.00 per share. As a result of the transaction, Toole Samara now holds 16,632 shares, worth roughly $0.84 million.
Citigroup upgraded its AZEK Company Inc [AZEK] rating to a Buy from a a Neutral in a research note published on January 06, 2025; the price target was increased to $60 from $51. A number of analysts have revised their coverage, including Loop Capital’s analysts, who decreased its forecast for the stock in early October from “a Buy” to “a Hold”. BMO Capital Markets also remained covering AZEK and has decreased its forecast on July 23, 2024 with a “Market perform” recommendation from previously “an Outperform” rating. DA Davidson revised its rating on July 03, 2024. It rated AZEK as “a Neutral” which previously was an “a Buy”.
Price Performance Review of AZEK
On Tuesday, AZEK Company Inc [NYSE:AZEK] saw its stock jump 0.50% to $50.22. Over the last five days, the stock has gained 10.91%. AZEK Company Inc shares have risen nearly 5.79% since the year began. Nevertheless, the stocks have risen 35.25% over the past one year. While a 52-week high of $54.91 was reached on 01/21/25, a 52-week low of $35.48 was recorded on 01/13/25. SMA at 50 days reached $49.63, while 200 days put it at $45.71.
Levels Of Support And Resistance For AZEK Stock
The 24-hour chart illustrates a support level at 49.89, which if violated will result in even more drops to 49.55. On the upside, there is a resistance level at 50.66. A further resistance level may holdings at 51.09. The Relative Strength Index (RSI) on the 14-day chart is 56.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.28, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.41%. Stochastics %K at 90.78% indicates the stock is a selling.
How much short interest is there in AZEK Company Inc?
A steep rise in short interest was recorded in AZEK Company Inc stocks on 2024-10-31, growing by 0.16 million shares to a total of 5.63 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 5.47 million shares. There was a rise of 2.92%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 19, 2024 when The Benchmark Company began covering the stock and recommended ‘”a Buy”‘ rating along with a $55 price target.
