A.O. Smith Corp’s filing revealed that its SVP – Global Operations Carver Samuel M. unloaded Company’s shares for reported $1.19 million on Aug 07 ’24. In the deal valued at $81.00 per share,14,705 shares were sold. As a result of this transaction, Carver Samuel M. now holds 2,399 shares worth roughly $0.16 million.
Then, SAMUEL M CARVER bought 14,705 shares, generating $1,191,146 in total proceeds.
Before that, BROWN RONALD D sold 3,631 shares. A.O. Smith Corp shares valued at $311,071 were divested by the Director at a price of $85.67 per share. As a result of the transaction, BROWN RONALD D now holds 1,100 shares, worth roughly $72226.0.
Oppenheimer upgraded its A.O. Smith Corp [AOS] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in late October from “a Sell” to “a Neutral”. DA Davidson also remained covering AOS and has decreased its forecast on October 23, 2024 with a “Neutral” recommendation from previously “Buy” rating. Stifel revised its rating on July 24, 2024. It rated AOS as “a Buy” which previously was an “a Hold”.
Price Performance Review of AOS
On Tuesday, A.O. Smith Corp [NYSE:AOS] saw its stock fall -2.06% to $65.66. Over the last five days, the stock has lost -6.03%. A.O. Smith Corp shares have fallen nearly -3.74% since the year began. Nevertheless, the stocks have fallen -17.48% over the past one year. While a 52-week high of $92.44 was reached on 01/21/25, a 52-week low of $65.53 was recorded on 01/30/25. SMA at 50 days reached $70.69, while 200 days put it at $79.36.
Levels Of Support And Resistance For AOS Stock
The 24-hour chart illustrates a support level at 64.95, which if violated will result in even more drops to 64.25. On the upside, there is a resistance level at 67.07. A further resistance level may holdings at 68.47. The Relative Strength Index (RSI) on the 14-day chart is 31.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.30%. Stochastics %K at 14.90% indicates the stock is a buying.
How much short interest is there in A.O. Smith Corp?
A steep rise in short interest was recorded in A.O. Smith Corp stocks on 2025-01-15, growing by 0.28 million shares to a total of 4.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 3.89 million shares. There was a rise of 6.71%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 07, 2023 when Seaport Research Partners began covering the stock and recommended ‘”a Neutral”‘ rating .
