ASGN Inc’s recently made public that its CEO Hanson Theodore S. unloaded Company’s shares for reported $0.12 million on Nov 12 ’24. In the deal valued at $99.64 per share,1,200 shares were sold. As a result of this transaction, Hanson Theodore S. now holds 288,855 shares worth roughly $22.96 million.
Then, Hanson Theodore S. sold 900 shares, generating $87,405 in total proceeds. Upon selling the shares at $97.12, the CEO now owns 287,955 shares.
Before that, Hanson Theodore S. bought 53,000 shares. ASGN Inc shares valued at $5,300,000 were divested by the Officer at a price of $100.00 per share.
BMO Capital Markets upgraded its ASGN Inc [ASGN] rating to an Outperform from a a Market perform in a research note published on November 22, 2024; the price target was increased to $100 from $96. A number of analysts have revised their coverage, including Canaccord Genuity’s analysts, who began to cover the stock in early December with a ‘”a Buy”‘ rating. UBS began covering ASGN with “Sell” recommendation on November 07, 2023. Wells Fargo started covering the stock on September 18, 2023. It rated ASGN as “an Overweight”.
Price Performance Review of ASGN
On Tuesday, ASGN Inc [NYSE:ASGN] saw its stock fall -0.92% to $79.47. Over the last five days, the stock has lost -8.66%. ASGN Inc shares have fallen nearly -4.64% since the year began. Nevertheless, the stocks have fallen -16.85% over the past one year. While a 52-week high of $106.42 was reached on 01/28/25, a 52-week low of $78.69 was recorded on 02/11/25. SMA at 50 days reached $87.47, while 200 days put it at $91.98.
Levels Of Support And Resistance For ASGN Stock
The 24-hour chart illustrates a support level at 78.06, which if violated will result in even more drops to 76.65. On the upside, there is a resistance level at 81.25. A further resistance level may holdings at 83.03. The Relative Strength Index (RSI) on the 14-day chart is 31.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.83%. Stochastics %K at 5.27% indicates the stock is a buying.
How much short interest is there in ASGN Inc?
A steep rise in short interest was recorded in ASGN Inc stocks on 2025-01-15, growing by 0.22 million shares to a total of 2.06 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 1.84 million shares. There was a rise of 10.83%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 01, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $80 price target.
