Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Axis Capital Holdings Ltd shares valued at $199,999,922 were sold by DAVIS CHARLES A on Feb 03 ’25. At $89.50 per share, DAVIS CHARLES A sold 2,234,636 shares. The insider’s holdings dropped to 4,543,170 shares worth approximately $414.56 million following the completion of this transaction.
Also, SMITH HENRY B sold 7,217 shares, netting a total of over 526,119 in proceeds. Following the sale of shares at $72.90 each, the insider now holds 48,019 shares.
Before that, GALANSKI STANLEY A had added 2,000 shares to its account. In a trade valued at $142,860, the Director bought Axis Capital Holdings Ltd shares for $71.43 each. Upon closing the transaction, the insider’s holdings increased to 2,000 shares, worth approximately $1.07 million.
As published in their initiating research note from BMO Capital Markets on January 13, 2025, Axis Capital Holdings Ltd [AXS] has been a Market perform and the price target has been revised to $93. Analysts at Wells Fargo upgraded the stock from ‘”an Underweight”‘ to ‘”an Equal weight”‘ outlook in a report released in mid December. As of October 04, 2024, TD Cowen has initiated its “Buy” rating for AXS. Earlier on November 13, 2023, Keefe Bruyette upgraded its rating. Their new recommendation was “an Outperform” for AXS stock which previously was a “a Mkt perform”.
Analyzing AXS Stock Performance
During the last five days, there has been a drop of approximately -3.12%. Over the course of the year, Axis Capital Holdings Ltd shares have jumped approximately 2.97%. Shares of the company reached a 52-week high of $94.54 on 02/07/25 and a 52-week low of $83.90 on 01/13/25. A 50-day SMA is recorded $90.19, while a 200-day SMA reached $79.43. Nevertheless, trading volume fell to 0.56 million shares from 0.42 million shares the previous day.
Support And Resistance Levels for Axis Capital Holdings Ltd (AXS)
According to the 24-hour chart, there is a support level at 89.81, which, if violated, would cause prices to drop to 88.38. In the upper region, resistance lies at 91.99. The next price resistance is at 92.74. RSI (Relative Strength Index) is 52.79 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.93, which suggests the price will decrease in the coming days. Percent R is at 54.65%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
