Ametek Inc’s recently made public that its CHIEF COMMERCIAL OFFICER Speranza Emanuela unloaded Company’s shares for reported $1.32 million on Nov 26 ’24. In the deal valued at $195.90 per share,6,747 shares were sold. As a result of this transaction, Speranza Emanuela now holds 30,460 shares worth roughly $5.66 million.
Then, ZAPICO DAVID A sold 98,644 shares, generating $19,430,968 in total proceeds. Upon selling the shares at $196.98, the CHIEF EXECUTIVE OFFICER now owns 323,744 shares.
Before that, ZAPICO DAVID A sold 22,720 shares. Ametek Inc shares valued at $4,459,618 were divested by the CHIEF EXECUTIVE OFFICER at a price of $196.29 per share. As a result of the transaction, ZAPICO DAVID A now holds 323,744 shares, worth roughly $60.15 million.
Exane BNP Paribas upgraded its Ametek Inc [AME] rating to an Outperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “a Buy”. TD Cowen also remained covering AME and has decreased its forecast on October 07, 2024 with a “Sell” recommendation from previously “Hold” rating. Oppenheimer revised its rating on May 22, 2024. It rated AME as “an Outperform” which previously was an “a Perform”.
Price Performance Review of AME
On Friday, Ametek Inc [NYSE:AME] saw its stock fall -0.22% to $185.78. Over the last five days, the stock has gained 1.22%. Ametek Inc shares have risen nearly 3.06% since the year began. Nevertheless, the stocks have risen 6.28% over the past one year. While a 52-week high of $198.33 was reached on 01/23/25, a 52-week low of $149.03 was recorded on 01/13/25. SMA at 50 days reached $183.61, while 200 days put it at $175.11.
Levels Of Support And Resistance For AME Stock
The 24-hour chart illustrates a support level at 184.25, which if violated will result in even more drops to 182.73. On the upside, there is a resistance level at 187.56. A further resistance level may holdings at 189.35. The Relative Strength Index (RSI) on the 14-day chart is 52.58, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.14, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.70%. Stochastics %K at 82.62% indicates the stock is a selling.
The most recent change occurred on March 14, 2024 when Truist began covering the stock and recommended ‘”a Buy”‘ rating along with a $210 price target.
