Avery Dennison Corp’s recent filing unveils that its SVP & CIO Colisto Nicholas unloaded Company’s shares for reported $0.76 million on Nov 25 ’24. In the deal valued at $206.00 per share,3,679 shares were sold. As a result of this transaction, Colisto Nicholas now holds 7,126 shares worth roughly $1.31 million.
Then, Colisto Nicholas bought 3,679 shares, generating $757,856 in total proceeds.
Before that, Butier Mitchell R sold 10,000 shares. Avery Dennison Corp shares valued at $2,152,276 were divested by the Executive Chairman at a price of $215.23 per share. As a result of the transaction, Butier Mitchell R now holds 304,114 shares, worth roughly $56.07 million.
JP Morgan upgraded its Avery Dennison Corp [AVY] rating to an Overweight from a a Neutral in a research note published on January 31, 2025; the price target was decreased to $205 from $210. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late October from “an Overweight” to “a Neutral”. BofA Securities also remained covering AVY and has increased its forecast on October 17, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Barclays started covering the stock on October 07, 2024. It rated AVY as “an Overweight”.
Price Performance Review of AVY
On Friday, Avery Dennison Corp [NYSE:AVY] saw its stock jump 0.05% to $184.36. Over the last five days, the stock has gained 0.81%. Avery Dennison Corp shares have fallen nearly -1.48% since the year began. Nevertheless, the stocks have fallen -12.09% over the past one year. While a 52-week high of $233.48 was reached on 01/28/25, a 52-week low of $178.72 was recorded on 02/12/25. SMA at 50 days reached $188.20, while 200 days put it at $209.02.
Levels Of Support And Resistance For AVY Stock
The 24-hour chart illustrates a support level at 183.29, which if violated will result in even more drops to 182.21. On the upside, there is a resistance level at 185.18. A further resistance level may holdings at 185.99. The Relative Strength Index (RSI) on the 14-day chart is 47.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.44, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 23.37%. Stochastics %K at 59.57% indicates the stock is a holding.
