In a filing, American Tower Corp revealed its Officer RODNEY SMITH acquired Company’s shares for reported $3.14 million on Feb 13 ’25. In the deal valued at $189.71 per share,16,568 shares were bought.
Then, Smith Rodney M sold 16,567 shares, generating $3,000,353 in total proceeds. Upon selling the shares at $181.10, the EVP, CFO & Treasurer now owns 62,792 shares.
Before that, RODNEY SMITH bought 16,567 shares. American Tower Corp shares valued at $3,000,385 were divested by the Officer at a price of $181.11 per share.
JMP Securities initiated its American Tower Corp [AMT] rating to a Mkt outperform in a research note published on January 27, 2025; the price target was $225. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early October from “an Overweight” to “an Equal weight”. Goldman began covering AMT with “Buy” recommendation on July 01, 2024. Raymond James revised its rating on May 01, 2024. It rated AMT as “a Strong buy” which previously was an “an Outperform”.
Price Performance Review of AMT
On Friday, American Tower Corp [NYSE:AMT] saw its stock fall -0.32% to $189.38. Over the last five days, the stock has gained 0.29%. American Tower Corp shares have risen nearly 3.26% since the year began. Nevertheless, the stocks have risen 0.51% over the past one year. While a 52-week high of $243.56 was reached on 01/21/25, a 52-week low of $170.46 was recorded on 01/10/25. SMA at 50 days reached $188.56, while 200 days put it at $205.01.
Levels Of Support And Resistance For AMT Stock
The 24-hour chart illustrates a support level at 187.81, which if violated will result in even more drops to 186.24. On the upside, there is a resistance level at 192.25. A further resistance level may holdings at 195.12. The Relative Strength Index (RSI) on the 14-day chart is 52.38, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.84, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 36.55%. Stochastics %K at 65.83% indicates the stock is a holding.
How much short interest is there in American Tower Corp?
A steep rise in short interest was recorded in American Tower Corp stocks on 2025-01-31, growing by 0.68 million shares to a total of 5.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 5.02 million shares. There was a rise of 11.88%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 08, 2024 when Mizuho began covering the stock and recommended ‘”a Neutral”‘ rating along with a $205 price target.
