Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Axos Financial Inc shares valued at $121,652 were sold by PARK DAVID X on Nov 26 ’24. At $85.25 per share, PARK DAVID X sold 1,427 shares. The insider’s holdings dropped to 14,849 shares worth approximately $1.03 million following the completion of this transaction.
Also, PARK DAVID X purchased 1,427 shares, netting a total of over 125,005 in proceeds.
Before that, Micheletti Andrew J had added 58,710 shares to its account. In a trade valued at $4,995,047, the Officer bought Axos Financial Inc shares for $85.08 each.
As published in their initiating research note from Needham on October 11, 2024, Axos Financial Inc [AX] has been a Buy and the price target has been revised to $82. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in late July. As of February 21, 2023, Raymond James has decreased its “Strong buy” rating to a “an Outperform” for AX. Earlier on July 11, 2022, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for AX stock which previously was a “a Mkt perform”.
Analyzing AX Stock Performance
During the last five days, there has been a drop of approximately -2.79%. Over the course of the year, Axos Financial Inc shares have dropped approximately -0.74%. Shares of the company reached a 52-week high of $73.71 on 01/21/25 and a 52-week low of $65.65 on 01/10/25. A 50-day SMA is recorded $75.43, while a 200-day SMA reached $65.56. Nevertheless, trading volume fell to 1.28 million shares from 0.46 million shares the previous day.
Support And Resistance Levels for Axos Financial Inc (AX)
According to the 24-hour chart, there is a support level at 67.82, which, if violated, would cause prices to drop to 66.30. In the upper region, resistance lies at 71.34. The next price resistance is at 73.34. RSI (Relative Strength Index) is 41.19 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.96, which suggests the price will decrease in the coming days. Percent R is at 54.40%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.