Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. American Homes 4 Rent shares valued at $1,512,000 were sold by Smith Bryan on Dec 09 ’24. At $37.80 per share, Smith Bryan sold 40,000 shares. The insider’s holdings dropped to 125,580 shares worth approximately $4.38 million following the completion of this transaction.
Also, BENHAM DOUGLAS N purchased 3,286 shares, netting a total of over 80,484 in proceeds. Following the buying of shares at $24.49 each, the insider now holds 41,946 shares.
Before that, Smith Bryan had added 40,000 shares to its account. In a trade valued at $1,520,000, the Officer bought American Homes 4 Rent shares for $38.00 each.
As published in a research note from Deutsche Bank on January 21, 2025, American Homes 4 Rent [AMH] has been rated down from a Buy to a Hold and the price target has been revised to $37 from $40. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in mid December. As of November 11, 2024, Evercore ISI has increased its “an In-line” rating to a “an Outperform” for AMH. Earlier on September 04, 2024, Goldman initiated its rating. Their recommendation was “a Buy” for AMH stock.
Analyzing AMH Stock Performance
During the last five days, there has been a drop of approximately -0.91%. Over the course of the year, American Homes 4 Rent shares have dropped approximately -6.71%. Shares of the company reached a 52-week high of $37.49 on 01/02/25 and a 52-week low of $34.25 on 01/16/25. A 50-day SMA is recorded $36.94, while a 200-day SMA reached $37.11. Nevertheless, trading volume fell to 1.6 million shares from 2.36 million shares the previous day.
Support And Resistance Levels for American Homes 4 Rent (AMH)
According to the 24-hour chart, there is a support level at 34.68, which, if violated, would cause prices to drop to 34.44. In the upper region, resistance lies at 35.18. The next price resistance is at 35.44. RSI (Relative Strength Index) is 38.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.57, which suggests the price will decrease in the coming days. Percent R is at 79.63%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
