APi Group Corporation’s recently made public that its Director ASHKEN IAN G H unloaded Company’s shares for reported $1.99 million on Nov 13 ’24. In the deal valued at $36.87 per share,53,868 shares were sold. As a result of this transaction, ASHKEN IAN G H now holds 5,478,779 shares worth roughly $209.18 million.
Then, LILLIE JAMES E sold 47,939 shares, generating $1,767,990 in total proceeds. Upon selling the shares at $36.88, the Director now owns 5,005,411 shares.
Before that, LILLIE JAMES E sold 11,985 shares. APi Group Corporation shares valued at $442,007 were divested by the Director at a price of $36.88 per share. As a result of the transaction, LILLIE JAMES E now holds 1,096,203 shares, worth roughly $41.85 million.
Truist initiated its APi Group Corporation [APG] rating to a Buy in a research note published on January 22, 2025; the price target was $45. A number of analysts have revised their coverage, including RBC Capital Mkts’s analysts, who increased its forecast for the stock in mid January from “a Sector perform” to “an Outperform”. William Blair began covering APG with “an Outperform” recommendation on December 05, 2024. Jefferies started covering the stock on March 15, 2024. It rated APG as “a Buy”.
Price Performance Review of APG
On Friday, APi Group Corporation [NYSE:APG] saw its stock jump 0.10% to $38.18. Over the last five days, the stock has gained 2.11%. APi Group Corporation shares have risen nearly 6.14% since the year began. Nevertheless, the stocks have risen 19.13% over the past one year. While a 52-week high of $40.89 was reached on 01/22/25, a 52-week low of $31.44 was recorded on 01/13/25. SMA at 50 days reached $37.20, while 200 days put it at $36.15.
Levels Of Support And Resistance For APG Stock
The 24-hour chart illustrates a support level at 37.91, which if violated will result in even more drops to 37.63. On the upside, there is a resistance level at 38.43. A further resistance level may holdings at 38.67. The Relative Strength Index (RSI) on the 14-day chart is 60.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 20.05%. Stochastics %K at 79.95% indicates the stock is a holding.
How much short interest is there in APi Group Corporation?
A steep rise in short interest was recorded in APi Group Corporation stocks on 2024-12-31, dropping by -0.58 million shares to a total of 3.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 4.2 million shares. There was a decline of -15.92%, which implies that there is a negative sentiment for the stock.
