In a filing, Arthur J. Gallagher & Co revealed its Chief Operating Officer Gallagher Patrick Murphy unloaded Company’s shares for reported $0.87 million on Feb 27 ’25. In the deal valued at $332.52 per share,2,613 shares were sold. As a result of this transaction, Gallagher Patrick Murphy now holds 42,945 shares worth roughly $14.68 million.
Then, Arthur J Gallagher Foundation bought 10,000 shares, generating $3,283,300 in total proceeds.
Before that, Gallagher Patrick Murphy bought 2,613 shares. Arthur J. Gallagher & Co shares valued at $868,869 were divested by the Officer at a price of $332.52 per share.
TD Cowen upgraded its Arthur J. Gallagher & Co [AJG] rating to a Buy from a a Hold in a research note published on January 10, 2025; the price target was increased to $377 from $295. A number of analysts have revised their coverage, including Keefe Bruyette’s analysts, who increased its forecast for the stock in early January from “an Underperform” to “a Mkt perform”. Piper Sandler also remained covering AJG and has increased its forecast on January 08, 2025 with a “an Overweight” recommendation from previously “Neutral” rating. Goldman revised its rating on November 25, 2024. It rated AJG as “a Neutral” which previously was an “a Buy”.
Price Performance Review of AJG
On Monday, Arthur J. Gallagher & Co [NYSE:AJG] saw its stock jump 1.20% to $341.80. Over the last five days, the stock has gained 4.05%. Arthur J. Gallagher & Co shares have risen nearly 20.42% since the year began. Nevertheless, the stocks have risen 39.24% over the past one year. While a 52-week high of $338.43 was reached on 03/03/25, a 52-week low of $230.08 was recorded on 01/02/25. SMA at 50 days reached $302.78, while 200 days put it at $285.83.
Levels Of Support And Resistance For AJG Stock
The 24-hour chart illustrates a support level at 337.72, which if violated will result in even more drops to 333.63. On the upside, there is a resistance level at 344.55. A further resistance level may holdings at 347.29. The Relative Strength Index (RSI) on the 14-day chart is 74.76, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.83, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.95%. Stochastics %K at 93.60% indicates the stock is a selling.
The most recent change occurred on September 05, 2024 when Barclays began covering the stock and recommended ‘”an Equal weight”‘ rating along with a $300 price target.
