Acadia Realty Trust’s recently made public that its Executive VP and CFO Gottfried John J. unloaded Company’s shares for reported $0.28 million on Feb 19 ’25. In the deal valued at $23.55 per share,12,000 shares were sold. As a result of this transaction, Gottfried John J. now holds 7,600 shares worth roughly $0.17 million.
Then, Gottfried John J. bought 12,000 shares, generating $283,320 in total proceeds.
Before that, Gottfried John J. sold 12,500 shares. Acadia Realty Trust shares valued at $211,141 were divested by the Executive VP and CFO at a price of $16.89 per share. As a result of the transaction, Gottfried John J. now holds 7,600 shares, worth roughly $0.17 million.
Compass Point upgraded its Acadia Realty Trust [AKR] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including JP Morgan’s analysts, who increased its forecast for the stock in late June from “an Underweight” to “a Neutral”. BofA Securities also remained covering AKR and has increased its forecast on April 05, 2024 with a “Buy” recommendation from previously “Neutral” rating. Truist revised its rating on January 16, 2024. It rated AKR as “a Hold” which previously was an “a Buy”.
Price Performance Review of AKR
On Monday, Acadia Realty Trust [NYSE:AKR] saw its stock fall -0.82% to $22.87. Over the last five days, the stock has lost -0.91%. Acadia Realty Trust shares have fallen nearly -5.34% since the year began. Nevertheless, the stocks have risen 38.10% over the past one year. While a 52-week high of $26.29 was reached on 02/14/25, a 52-week low of $16.09 was recorded on 01/13/25. SMA at 50 days reached $23.33, while 200 days put it at $22.04.
Levels Of Support And Resistance For AKR Stock
The 24-hour chart illustrates a support level at 22.60, which if violated will result in even more drops to 22.32. On the upside, there is a resistance level at 23.30. A further resistance level may holdings at 23.73. The Relative Strength Index (RSI) on the 14-day chart is 44.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.44, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.87%. Stochastics %K at 19.89% indicates the stock is a buying.
