Aris Water Solutions Inc’s filing revealed that its 10% Owner Delaware Energy LLC unloaded Company’s shares for reported $83.2 million on Dec 13 ’24. In the deal valued at $25.81 per share,3,223,670 shares were sold. As a result of this transaction, Delaware Energy LLC now holds 0 shares worth roughly $0.0.
Then, Gable S Corp sold 331,181 shares, generating $8,332,514 in total proceeds. Upon selling the shares at $25.16, the Over 5% but less than 10% own now owns 2,268,559 shares.
Before that, Gable S Corp sold 31,410 shares. Aris Water Solutions Inc shares valued at $786,506 were divested by the Over 5% but less than 10% own at a price of $25.04 per share. As a result of the transaction, Gable S Corp now holds 2,599,740 shares, worth roughly $72.92 million.
Evercore ISI downgraded its Aris Water Solutions Inc [ARIS] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was increased to $27 from $25. A number of analysts have revised their coverage, including Citigroup’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Neutral”. JP Morgan also remained covering ARIS and has decreased its forecast on November 06, 2024 with a “Neutral” recommendation from previously “an Overweight” rating. Seaport Research Partners started covering the stock on December 13, 2023. It rated ARIS as “a Buy”.
Price Performance Review of ARIS
On Monday, Aris Water Solutions Inc [NYSE:ARIS] saw its stock jump 3.89% to $28.05. Over the last five days, the stock has gained 9.02%. Aris Water Solutions Inc shares have risen nearly 17.12% since the year began. Nevertheless, the stocks have risen 223.90% over the past one year. While a 52-week high of $30.40 was reached on 01/21/25, a 52-week low of $8.46 was recorded on 01/08/25. SMA at 50 days reached $26.22, while 200 days put it at $19.13.
Levels Of Support And Resistance For ARIS Stock
The 24-hour chart illustrates a support level at 27.52, which if violated will result in even more drops to 26.99. On the upside, there is a resistance level at 28.58. A further resistance level may holdings at 29.10. The Relative Strength Index (RSI) on the 14-day chart is 56.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 33.95%. Stochastics %K at 54.85% indicates the stock is a holding.
How much short interest is there in Aris Water Solutions Inc?
A steep rise in short interest was recorded in Aris Water Solutions Inc stocks on 2025-01-15, growing by 6378.0 shares to a total of 1.68 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.67 million shares. There was a rise of 0.38%, which implies that there is a positive sentiment for the stock.
