Adient plc’s recently made public that its EVP, Americas Conklin James unloaded Company’s shares for reported $0.23 million on Dec 04 ’24. In the deal valued at $20.25 per share,11,500 shares were sold. As a result of this transaction, Conklin James now holds 51,829 shares worth roughly $ 0.91 million.
Then, JAMES D CONKLIN bought 11,500 shares, generating $232,831 in total proceeds.
Before that, Smith Gregory Scott sold 1,000 shares. Adient plc shares valued at $29,470 were divested by the SVP & Chief Accounting Officer at a price of $29.47 per share. As a result of the transaction, Smith Gregory Scott now holds 15,399 shares, worth roughly $0.27 million.
Wells Fargo downgraded its Adient plc [ADNT] rating to an Equal weight from a an Overweight in a research note published on December 16, 2024; the price target was decreased to $20 from $27. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in late November from “a Buy” to “a Neutral”.
Price Performance Review of ADNT
On Tuesday, Adient plc [NYSE:ADNT] saw its stock jump 2.86% to $17.63. Over the last five days, the stock has gained 3.71%. Adient plc shares have risen nearly 2.32% since the year began. Nevertheless, the stocks have fallen -47.86% over the past one year. While a 52-week high of $35.94 was reached on 01/28/25, a 52-week low of $15.71 was recorded on 02/03/25. SMA at 50 days reached $17.59, while 200 days put it at $22.01.
Levels Of Support And Resistance For ADNT Stock
The 24-hour chart illustrates a support level at 17.19, which if violated will result in even more drops to 16.75. On the upside, there is a resistance level at 17.92. A further resistance level may holdings at 18.21. The Relative Strength Index (RSI) on the 14-day chart is 53.65, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.11, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.26%. Stochastics %K at 50.75% indicates the stock is a holding.
