The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. AAON Inc shares valued at $702,368 were sold by Wakefield Stephen E on Dec 13 ’24. At $130.99 per share, Wakefield Stephen E sold 5,362 shares. The insider’s holdings dropped to 4,558 shares worth approximately $0.62 million following the completion of this transaction.
Also, Thompson Rebecca sold 5,000 shares, netting a total of over 690,000 in proceeds. Following the sale of shares at $138.00 each, the insider now holds 17,297 shares.
Before that, Thompson Rebecca had added 5,000 shares to its account. In a trade valued at $690,000, the Officer bought AAON Inc shares for $138.00 each.
As published in a research note from Robert W. Baird on October 28, 2024, AAON Inc [AAON] has been rated up from a Neutral to an Outperform and the price target has been revised to $130 from $114. Analysts at Sidoti downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of July 24, 2024, Robert W. Baird has initiated its “Neutral” rating for AAON. Earlier on April 29, 2024, William Blair initiated its rating. Their recommendation was “an Outperform” for AAON stock.
Analyzing AAON Stock Performance
During the last five days, there has been a surge of approximately 6.90%. Over the course of the year, AAON Inc shares have jumped approximately 16.37%. Shares of the company reached a 52-week high of $137.90 on 01/22/25 and a 52-week low of $116.43 on 01/02/25. A 50-day SMA is recorded $129.60, while a 200-day SMA reached $100.59. Nevertheless, trading volume fell to 0.61 million shares from 0.46 million shares the previous day.
Support And Resistance Levels for AAON Inc (AAON)
According to the 24-hour chart, there is a support level at 132.97, which, if violated, would cause prices to drop to 129.00. In the upper region, resistance lies at 139.41. The next price resistance is at 141.88. RSI (Relative Strength Index) is 68.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 7.88, which suggests the price will increase in the coming days. Percent R is at 4.42%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
