Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Apollo Commercial Real Estate Finance Inc shares valued at $8,597 were sold by Carlton Pamela G on Sep 06 ’24. At $10.32 per share, Carlton Pamela G sold 833 shares. The insider’s holdings dropped to 29,525 shares worth approximately $0.3 million following the completion of this transaction.
Also, Carlton Pamela G purchased 833 shares, netting a total of over 8,491 in proceeds.
Before that, Scott Weiner had added 363,904 shares to its account. In a trade valued at $3,799,158, the Partner bought Apollo Commercial Real Estate Finance Inc shares for $10.44 each.
Analysts at BofA Securities downgraded the stock from ‘”a Neutral”‘ to ‘”an Underperform”‘ outlook in a report released in early March. As of December 06, 2023, UBS has initiated its “Neutral” rating for ARI. Earlier on August 02, 2023, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for ARI stock which previously was a “an Underweight”.
Analyzing ARI Stock Performance
During the last five days, there has been a surge of approximately 10.05%. Over the course of the year, Apollo Commercial Real Estate Finance Inc shares have jumped approximately 16.28%. Shares of the company reached a 52-week high of $10.07 on 02/13/25 and a 52-week low of $8.44 on 01/13/25. A 50-day SMA is recorded $9.04, while a 200-day SMA reached $9.62. Nevertheless, trading volume fell to 1.08 million shares from 1.14 million shares the previous day.
Support And Resistance Levels for Apollo Commercial Real Estate Finance Inc (ARI)
According to the 24-hour chart, there is a support level at 9.93, which, if violated, would cause prices to drop to 9.79. In the upper region, resistance lies at 10.14. The next price resistance is at 10.22. RSI (Relative Strength Index) is 74.92 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.79, which suggests the price will decrease in the coming days. Percent R is at 0.35%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
