Atkore Inc’s recently made public that its Pres. Safety & Infrastructure Lamps Mark F. unloaded Company’s shares for reported $32500.0 on Feb 10 ’25. In the deal valued at $65.00 per share,500 shares were sold. As a result of this transaction, Lamps Mark F. now holds 33,760 shares worth roughly $ 2.45 million.
Then, MARK LAMPS bought 500 shares, generating $32,730 in total proceeds.
Before that, Isbell Jeri L sold 3,353 shares. Atkore Inc shares valued at $315,270 were divested by the Director at a price of $94.03 per share. As a result of the transaction, Isbell Jeri L now holds 25,585 shares, worth roughly $1.86 million.
Loop Capital downgraded its Atkore Inc [ATKR] rating to a Hold from a a Buy in a research note published on February 10, 2025; the price target was decreased to $65 from $115. A number of analysts have revised their coverage, including ROTH MKM’s analysts, who began to cover the stock in mid December with a ‘”a Buy”‘ rating. B. Riley Securities also remained covering ATKR and has decreased its forecast on November 22, 2024 with a “Neutral” recommendation from previously “Buy” rating. RBC Capital Mkts revised its rating on August 07, 2024. It rated ATKR as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of ATKR
On Friday, Atkore Inc [NYSE:ATKR] saw its stock jump 3.66% to $72.51. Over the last five days, the stock has gained 10.77%. Atkore Inc shares have fallen nearly -13.11% since the year began. Nevertheless, the stocks have fallen -49.25% over the past one year. While a 52-week high of $194.98 was reached on 01/22/25, a 52-week low of $62.62 was recorded on 02/04/25. SMA at 50 days reached $81.93, while 200 days put it at $106.24.
Levels Of Support And Resistance For ATKR Stock
The 24-hour chart illustrates a support level at 70.81, which if violated will result in even more drops to 69.11. On the upside, there is a resistance level at 73.46. A further resistance level may holdings at 74.41. The Relative Strength Index (RSI) on the 14-day chart is 42.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.44%. Stochastics %K at 35.46% indicates the stock is a holding.
How much short interest is there in Atkore Inc?
A steep rise in short interest was recorded in Atkore Inc stocks on 2025-01-31, dropping by -0.59 million shares to a total of 2.35 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.94 million shares. There was a decline of -25.15%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 10, 2024 when KeyBanc Capital Markets began covering the stock and recommended ‘”an Overweight”‘ rating along with a $175 price target.
