AdaptHealth Corp’s filing revealed that its Officer Rietkerk Shaw acquired Company’s shares for reported $0.32 million on Dec 19 ’24. In the deal valued at $9.70 per share,32,500 shares were bought.
Then, Clemens Jason A sold 35,000 shares, generating $327,250 in total proceeds. Upon selling the shares at $9.35, the Chief Financial Officer now owns 420,719 shares.
Before that, JASON A CLEMENS &BIANCA S VITA bought 35,000 shares. AdaptHealth Corp shares valued at $327,408 were divested by the Officer at a price of $9.35 per share.
Jefferies downgraded its AdaptHealth Corp [AHCO] rating to a Hold from a a Buy in a research note published on January 08, 2024; the price target was decreased to $8 from $14.50. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early November from “a Neutral” to “an Underperform”. Stifel also remained covering AHCO and has decreased its forecast on May 10, 2023 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank revised its rating on May 10, 2023. It rated AHCO as “a Hold” which previously was an “a Buy”.
Price Performance Review of AHCO
On Tuesday, AdaptHealth Corp [NASDAQ:AHCO] saw its stock fall -1.56% to $10.08. Over the last five days, the stock has lost -5.62%. AdaptHealth Corp shares have risen nearly 5.88% since the year began. Nevertheless, the stocks have risen 37.70% over the past one year. While a 52-week high of $11.90 was reached on 01/27/25, a 52-week low of $6.91 was recorded on 01/06/25. SMA at 50 days reached $10.01, while 200 days put it at $10.31.
Levels Of Support And Resistance For AHCO Stock
The 24-hour chart illustrates a support level at 9.80, which if violated will result in even more drops to 9.52. On the upside, there is a resistance level at 10.31. A further resistance level may holdings at 10.54. The Relative Strength Index (RSI) on the 14-day chart is 46.22, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.10, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.76%. Stochastics %K at 37.95% indicates the stock is a holding.
How much short interest is there in AdaptHealth Corp?
A steep rise in short interest was recorded in AdaptHealth Corp stocks on 2025-01-15, growing by 0.24 million shares to a total of 9.92 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 9.67 million shares. There was a rise of 2.46%, which implies that there is a positive sentiment for the stock.
