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Armada Hoffler Properties Inc (AHH) rating initates by Scotiabank

In a filing, Armada Hoffler Properties Inc revealed its Director Wimbush Frederick Blair acquired Company’s shares for reported $3906.0 on Jan 02 ’25. In the deal valued at $10.20 per share,383 shares were bought. As a result of this transaction, Wimbush Frederick Blair now holds 19,347 shares worth roughly $0.19 million.

Then, KIRK A RUSSELL bought 969 shares, generating $9,911 in total proceeds. Upon buying the shares at $10.23, the Director now owns 49,321 shares.

Before that, Gartman Dennis H. bought 4,500 shares. Armada Hoffler Properties Inc shares valued at $48,825 were divested by the Director at a price of $10.85 per share. As a result of the transaction, Gartman Dennis H. now holds 31,649 shares, worth roughly $0.31 million.

Scotiabank initiated its Armada Hoffler Properties Inc [AHH] rating to a Sector perform in a research note published on January 28, 2025; the price target was $11. Jefferies also remained covering AHH and has decreased its forecast on July 15, 2024 with a “Hold” recommendation from previously “Buy” rating. BofA Securities revised its rating on October 25, 2021. It rated AHH as “an Underperform” which previously was an “a Neutral”.

Price Performance Review of AHH

On Monday, Armada Hoffler Properties Inc [NYSE:AHH] saw its stock fall -1.23% to $9.66. Over the last five days, the stock has lost -3.78%. Armada Hoffler Properties Inc shares have fallen nearly -5.57% since the year began. Nevertheless, the stocks have fallen -19.23% over the past one year. While a 52-week high of $12.46 was reached on 01/27/25, a 52-week low of $9.26 was recorded on 01/14/25. SMA at 50 days reached $10.34, while 200 days put it at $11.06.

Levels Of Support And Resistance For AHH Stock

The 24-hour chart illustrates a support level at 9.53, which if violated will result in even more drops to 9.39. On the upside, there is a resistance level at 9.77. A further resistance level may holdings at 9.87. The Relative Strength Index (RSI) on the 14-day chart is 42.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 60.00%. Stochastics %K at 45.00% indicates the stock is a holding.

How much short interest is there in Armada Hoffler Properties Inc?

A steep rise in short interest was recorded in Armada Hoffler Properties Inc stocks on 2025-01-15, growing by 0.95 million shares to a total of 2.18 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.22 million shares. There was a rise of 43.78%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 22, 2021 when Stifel began covering the stock and recommended ‘”a Buy”‘ rating along with a $15 price target.

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