The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Mid-America Apartment Communities, Inc shares valued at $55,672 were purchased by Carpenter Melanie on Jan 10 ’25. At $147.67 per share, Carpenter Melanie acquired 377 shares.
Also, Holder Aubrey Clay purchased 68 shares, netting a total of over 10,286 in proceeds.
Before that, BOLTON H ERIC JR had added 4,711 shares to its account. In a trade valued at $707,121, the Officer bought Mid-America Apartment Communities, Inc shares for $150.10 each.
As published in a research note from Morgan Stanley on January 24, 2025, Mid-America Apartment Communities, Inc [MAA] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $168 from $159.50. Analysts at Evercore ISI started covering the stock with ‘”an In-line”‘ outlook in a report released in late January. As of December 17, 2024, KeyBanc Capital Markets has increased its “Sector weight” rating to a “an Overweight” for MAA. Earlier on December 17, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for MAA stock.
Analyzing MAA Stock Performance
During the last five days, there has been a surge of approximately 4.62%. Over the course of the year, Mid-America Apartment Communities, Inc shares have jumped approximately 2.78%. Shares of the company reached a 52-week high of $159.28 on 02/06/25 and a 52-week low of $144.36 on 01/23/25. A 50-day SMA is recorded $154.61, while a 200-day SMA reached $149.36. Nevertheless, trading volume fell to 1.59 million shares from 1.12 million shares the previous day.
Support And Resistance Levels for Mid-America Apartment Communities, Inc (MAA)
According to the 24-hour chart, there is a support level at 156.83, which, if violated, would cause prices to drop to 154.79. In the upper region, resistance lies at 160.09. The next price resistance is at 161.31. RSI (Relative Strength Index) is 62.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 5.05, which suggests the price will increase in the coming days. Percent R is at 2.82%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
