American Homes 4 Rent’s filing revealed that its Chief Operating Officer Smith Bryan unloaded Company’s shares for reported $1.51 million on Dec 09 ’24. In the deal valued at $37.80 per share,40,000 shares were sold. As a result of this transaction, Smith Bryan now holds 125,580 shares worth roughly $4.36 million.
Then, BENHAM DOUGLAS N bought 3,286 shares, generating $80,484 in total proceeds. Upon buying the shares at $24.49, the Director now owns 41,946 shares.
Before that, Smith Bryan bought 40,000 shares. American Homes 4 Rent shares valued at $1,520,000 were divested by the Officer at a price of $38.00 per share.
Morgan Stanley upgraded its American Homes 4 Rent [AMH] rating to an Overweight from a an Equal-weight in a research note published on January 24, 2025; the price target was increased to $40 from $39. A number of analysts have revised their coverage, including Scotiabank’s analysts, who decreased its forecast for the stock in late January from “a Sector outperform” to “a Sector perform”. Deutsche Bank also remained covering AMH and has decreased its forecast on January 21, 2025 with a “Hold” recommendation from previously “Buy” rating. Barclays started covering the stock on December 17, 2024. It rated AMH as “an Equal weight”.
Price Performance Review of AMH
On Tuesday, American Homes 4 Rent [NYSE:AMH] saw its stock jump 0.67% to $34.75. Over the last five days, the stock has lost -1.08%. American Homes 4 Rent shares have fallen nearly -7.14% since the year began. Nevertheless, the stocks have fallen -2.74% over the past one year. While a 52-week high of $41.41 was reached on 01/02/25, a 52-week low of $33.75 was recorded on 01/23/25. SMA at 50 days reached $36.45, while 200 days put it at $37.06.
Levels Of Support And Resistance For AMH Stock
The 24-hour chart illustrates a support level at 34.29, which if violated will result in even more drops to 33.82. On the upside, there is a resistance level at 35.04. A further resistance level may holdings at 35.32. The Relative Strength Index (RSI) on the 14-day chart is 41.81, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.15, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 62.81%. Stochastics %K at 31.32% indicates the stock is a holding.
How much short interest is there in American Homes 4 Rent?
A steep rise in short interest was recorded in American Homes 4 Rent stocks on 2025-01-15, growing by 1.6 million shares to a total of 11.55 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.96 million shares. There was a rise of 13.84%, which implies that there is a positive sentiment for the stock.
