Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ASGN Inc shares valued at $119,568 were sold by Hanson Theodore S. on Nov 12 ’24. At $99.64 per share, Hanson Theodore S. sold 1,200 shares. The insider’s holdings dropped to 288,855 shares worth approximately $25.38 million following the completion of this transaction.
Also, Hanson Theodore S. sold 900 shares, netting a total of over 87,405 in proceeds. Following the sale of shares at $97.12 each, the insider now holds 287,955 shares.
Before that, Hanson Theodore S. had added 53,000 shares to its account. In a trade valued at $5,300,000, the Officer bought ASGN Inc shares for $100.00 each.
As published in a research note from BMO Capital Markets on November 22, 2024, ASGN Inc [ASGN] has been rated up from a Market perform to an Outperform and the price target has been revised to $100 from $96. Analysts at Canaccord Genuity started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of November 07, 2023, UBS has initiated its “Sell” rating for ASGN. Earlier on September 18, 2023, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for ASGN stock.
Analyzing ASGN Stock Performance
During the last five days, there has been a drop of approximately -5.73%. Over the course of the year, ASGN Inc shares have jumped approximately 5.45%. Shares of the company reached a 52-week high of $95.29 on 01/28/25 and a 52-week low of $82.15 on 01/02/25. A 50-day SMA is recorded $88.16, while a 200-day SMA reached $92.38. Nevertheless, trading volume fell to 0.59 million shares from 0.47 million shares the previous day.
Support And Resistance Levels for ASGN Inc (ASGN)
According to the 24-hour chart, there is a support level at 86.84, which, if violated, would cause prices to drop to 85.79. In the upper region, resistance lies at 88.54. The next price resistance is at 89.19. RSI (Relative Strength Index) is 46.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.98, which suggests the price will decrease in the coming days. Percent R is at 74.03%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
