Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American Water Works Co. Inc shares valued at $642,018 were sold by Norton Cheryl on Nov 22 ’24. At $138.16 per share, Norton Cheryl sold 4,647 shares. The insider’s holdings dropped to 17,552 shares worth approximately $2.14 million following the completion of this transaction.
Also, Norton Cheryl purchased 4,647 shares, netting a total of over 642,022 in proceeds.
Before that, GOSS MARTHA CLARK had sold 710 shares from its account. In a trade valued at $101,424, the Director traded American Water Works Co. Inc shares for $142.85 each. Upon closing the transaction, the insider’s holdings decreased to 710 shares, worth approximately $4.49 million.
As published in a research note from Wells Fargo on January 07, 2025, American Water Works Co. Inc [AWK] has been rated up from an Underweight to an Equal weight and the price target has been revised to $129 from $133. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid November. As of October 15, 2024, Mizuho has decreased its “an Outperform” rating to a “Neutral” for AWK. Earlier on October 07, 2024, Jefferies initiated its rating. Their recommendation was “an Underperform” for AWK stock.
Analyzing AWK Stock Performance
During the last five days, there has been a drop of approximately -0.69%. Over the course of the year, American Water Works Co. Inc shares have dropped approximately -2.26%. Shares of the company reached a 52-week high of $128.39 on 01/21/25 and a 52-week low of $118.74 on 01/13/25. A 50-day SMA is recorded $129.56, while a 200-day SMA reached $134.01. Nevertheless, trading volume fell to 1.29 million shares from 1.04 million shares the previous day.
Support And Resistance Levels for American Water Works Co. Inc (AWK)
According to the 24-hour chart, there is a support level at 119.85, which, if violated, would cause prices to drop to 118.03. In the upper region, resistance lies at 125.15. The next price resistance is at 128.63. RSI (Relative Strength Index) is 37.45 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.48, which suggests the price will increase in the coming days. Percent R is at 69.53%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
