Axis Capital Holdings Ltd’s recent filing unveils that its Director DAVIS CHARLES A unloaded Company’s shares for reported $200.0 million on Feb 03 ’25. In the deal valued at $89.50 per share,2,234,636 shares were sold. As a result of this transaction, DAVIS CHARLES A now holds 4,543,170 shares worth roughly $415.97 million.
Then, SMITH HENRY B sold 7,217 shares, generating $526,119 in total proceeds. Upon selling the shares at $72.90, the Director now owns 48,019 shares.
Before that, GALANSKI STANLEY A bought 2,000 shares. Axis Capital Holdings Ltd shares valued at $142,860 were divested by the Director at a price of $71.43 per share. As a result of the transaction, GALANSKI STANLEY A now holds 11,763 shares, worth roughly $1.08 million.
BMO Capital Markets initiated its Axis Capital Holdings Ltd [AXS] rating to a Market perform in a research note published on January 13, 2025; the price target was $93. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Underweight” to “an Equal weight”. TD Cowen began covering AXS with “Buy” recommendation on October 04, 2024. Keefe Bruyette revised its rating on November 13, 2023. It rated AXS as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of AXS
On Monday, Axis Capital Holdings Ltd [NYSE:AXS] saw its stock fall -1.97% to $91.56. Over the last five days, the stock has gained 1.55%. Axis Capital Holdings Ltd shares have risen nearly 3.32% since the year began. Nevertheless, the stocks have risen 55.61% over the past one year. While a 52-week high of $94.89 was reached on 02/07/25, a 52-week low of $57.99 was recorded on 01/13/25. SMA at 50 days reached $90.32, while 200 days put it at $79.00.
Levels Of Support And Resistance For AXS Stock
The 24-hour chart illustrates a support level at 90.74, which if violated will result in even more drops to 89.92. On the upside, there is a resistance level at 93.15. A further resistance level may holdings at 94.75. The Relative Strength Index (RSI) on the 14-day chart is 53.88, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.20, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 39.60%. Stochastics %K at 81.38% indicates the stock is a selling.
How much short interest is there in Axis Capital Holdings Ltd?
A steep rise in short interest was recorded in Axis Capital Holdings Ltd stocks on 2025-01-15, dropping by 67539.0 shares to a total of 1.01 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.08 million shares. There was a decline of -6.66%, which implies that there is a negative sentiment for the stock.
