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Checking in on Antero Midstream Corp (AM) after recent insiders movement

Antero Midstream Corp’s recently made public that its Director MCARDLE JANINE J acquired Company’s shares for reported $17739.0 on Dec 13 ’24. In the deal valued at $15.11 per share,1,174 shares were bought. As a result of this transaction, MCARDLE JANINE J now holds 68,320 shares worth roughly $1.09 million.

Then, KLIMLEY BROOKS J sold 10,000 shares, generating $146,600 in total proceeds. Upon selling the shares at $14.66, the Director now owns 74,100 shares.

Before that, BROOKS J KLIMLEY bought 10,000 shares. Antero Midstream Corp shares valued at $146,552 were divested by the Director at a price of $14.66 per share.

Wells Fargo downgraded its Antero Midstream Corp [AM] rating to an Equal weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including Tudor Pickering Holt & Co.’s analysts, who decreased its forecast for the stock in mid March from “a Buy” to “a Hold”. Pickering Energy Partners started covering the stock on October 03, 2023. It rated AM as “an Outperform”.

Price Performance Review of AM

On Tuesday, Antero Midstream Corp [NYSE:AM] saw its stock fall -0.75% to $15.89. Over the last five days, the stock has lost -5.36%. Antero Midstream Corp shares have risen nearly 5.30% since the year began. Nevertheless, the stocks have risen 21.76% over the past one year. While a 52-week high of $16.99 was reached on 02/14/25, a 52-week low of $13.02 was recorded on 01/02/25. SMA at 50 days reached $15.79, while 200 days put it at $15.06.

Levels Of Support And Resistance For AM Stock

The 24-hour chart illustrates a support level at 15.56, which if violated will result in even more drops to 15.22. On the upside, there is a resistance level at 16.15. A further resistance level may holdings at 16.42. The Relative Strength Index (RSI) on the 14-day chart is 45.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.25, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 73.00%. Stochastics %K at 29.68% indicates the stock is a holding.

The most recent change occurred on May 10, 2023 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $14 price target.

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