Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Alexandria Real Estate Equities Inc shares valued at $1,073,438 were purchased by CIRUZZI VINCENT on Feb 27 ’25. At $101.44 per share, CIRUZZI VINCENT acquired 10,582 shares.
Also, Moglia Peter M sold 10,000 shares, netting a total of over 1,022,600 in proceeds. Following the sale of shares at $102.26 each, the insider now holds 228,727 shares.
Before that, Alsbrook Madeleine Thorp had sold 4,360 shares from its account. In a trade valued at $446,202, the EVP – Talent Management traded Alexandria Real Estate Equities Inc shares for $102.34 each. Upon closing the transaction, the insider’s holdings decreased to 4,360 shares, worth approximately $2.23 million.
As published in a research note from JP Morgan on November 27, 2024, Alexandria Real Estate Equities Inc [ARE] has been rated down from an Overweight to a Neutral and the price target has been revised to $121 from $133. Analysts at Deutsche Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in mid November. As of October 25, 2024, RBC Capital Mkts has decreased its “an Outperform” rating to a “Sector perform” for ARE. Earlier on September 13, 2024, Citigroup downgraded its rating. Their new recommendation was “a Neutral” for ARE stock which previously was a “a Buy”.
Analyzing ARE Stock Performance
During the last five days, there has been a surge of approximately 5.67%. Over the course of the year, Alexandria Real Estate Equities Inc shares have jumped approximately 3.48%. Shares of the company reached a 52-week high of $104.44 on 01/27/25 and a 52-week low of $93.25 on 02/12/25. A 50-day SMA is recorded $98.03, while a 200-day SMA reached $111.85. Nevertheless, trading volume fell to 0.99 million shares from 0.88 million shares the previous day.
Support And Resistance Levels for Alexandria Real Estate Equities Inc (ARE)
According to the 24-hour chart, there is a support level at 99.41, which, if violated, would cause prices to drop to 97.88. In the upper region, resistance lies at 102.13. The next price resistance is at 103.32. RSI (Relative Strength Index) is 60.16 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.70, which suggests the price will increase in the coming days. Percent R is at 9.95%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
