Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Axalta Coating Systems Ltd shares valued at $392,869 were sold by Weaver Troy D. on Feb 10 ’25. At $37.57 per share, Weaver Troy D. sold 10,457 shares. The insider’s holdings dropped to 74,905 shares worth approximately $2.77 million following the completion of this transaction.
Also, Troy Weaver purchased 10,457 shares, netting a total of over 392,845 in proceeds.
As published in a research note from Wolfe Research on January 17, 2025, Axalta Coating Systems Ltd [AXTA] has been rated up from a Peer perform to an Outperform and the price target has been revised to $41. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in mid December. As of December 17, 2024, KeyBanc Capital Markets has decreased its “an Overweight” rating to a “Sector weight” for AXTA. Earlier on November 13, 2024, Evercore ISI initiated its rating. Their recommendation was “an Outperform” for AXTA stock.
Analyzing AXTA Stock Performance
During the last five days, there has been a drop of approximately -2.09%. Over the course of the year, Axalta Coating Systems Ltd shares have jumped approximately 8.15%. Shares of the company reached a 52-week high of $38.37 on 02/05/25 and a 52-week low of $33.40 on 01/10/25. A 50-day SMA is recorded $36.62, while a 200-day SMA reached $36.03. Nevertheless, trading volume fell to 5.81 million shares from 1.43 million shares the previous day.
Support And Resistance Levels for Axalta Coating Systems Ltd (AXTA)
According to the 24-hour chart, there is a support level at 36.63, which, if violated, would cause prices to drop to 36.26. In the upper region, resistance lies at 37.34. The next price resistance is at 37.67. RSI (Relative Strength Index) is 52.14 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.33, which suggests the price will decrease in the coming days. Percent R is at 33.01%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
