Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Amcor Plc shares valued at $201,900 were purchased by Agarwal Achal on Feb 18 ’25. At $10.10 per share, Agarwal Achal acquired 20,000 shares. The insider’s holdings grew to 58,967 shares worth approximately $0.59 million following the completion of this transaction.
Also, Agarwal Achal purchased 20,000 shares, netting a total of over 201,893 in proceeds. Following the buying of shares at $10.09 each, the insider now holds 78,967 shares.
Before that, NAYAR ARUN had added 59,000 shares to its account. In a trade valued at $587,050, the Director bought Amcor Plc shares for $9.95 each. Upon closing the transaction, the insider’s holdings increased to 59,000 shares, worth approximately $1.36 million.
As published in a research note from Jefferies on February 03, 2025, Amcor Plc [AMCR] has been rated up from a Hold to a Buy. Analysts at Truist upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early January. As of January 06, 2025, Citigroup has increased its “Neutral” rating to a “Buy” for AMCR. Earlier on December 11, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for AMCR stock which previously was a “an Underperform”.
Analyzing AMCR Stock Performance
During the last five days, there has been a drop of approximately -1.08%. Over the course of the year, Amcor Plc shares have jumped approximately 7.23%. Shares of the company reached a 52-week high of $10.43 on 02/21/25 and a 52-week low of $9.28 on 01/03/25. A 50-day SMA is recorded $9.77, while a 200-day SMA reached $10.32. Nevertheless, trading volume fell to 38.36 million shares from 15.2 million shares the previous day.
Support And Resistance Levels for Amcor Plc (AMCR)
According to the 24-hour chart, there is a support level at 10.01, which, if violated, would cause prices to drop to 9.92. In the upper region, resistance lies at 10.23. The next price resistance is at 10.37. RSI (Relative Strength Index) is 52.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.08, which suggests the price will decrease in the coming days. Percent R is at 61.25%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
