Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Aris Water Solutions Inc shares valued at $83,202,923 were sold by Delaware Energy LLC on Dec 13 ’24. At $25.81 per share, Delaware Energy LLC sold 3,223,670 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 following the completion of this transaction.
Also, Gable S Corp sold 331,181 shares, netting a total of over 8,332,514 in proceeds. Following the sale of shares at $25.16 each, the insider now holds 2,268,559 shares.
Before that, Gable S Corp had sold 31,410 shares from its account. In a trade valued at $786,506, the Over 5% but less than 10% own traded Aris Water Solutions Inc shares for $25.04 each. Upon closing the transaction, the insider’s holdings decreased to 31,410 shares, worth approximately $74.69 million.
As published in a research note from Evercore ISI on January 15, 2025, Aris Water Solutions Inc [ARIS] has been rated down from an Outperform to an In-line and the price target has been revised to $27 from $25. Analysts at Citigroup downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early January. As of November 06, 2024, JP Morgan has decreased its “an Overweight” rating to a “Neutral” for ARIS. Earlier on December 13, 2023, Seaport Research Partners initiated its rating. Their recommendation was “a Buy” for ARIS stock.
Analyzing ARIS Stock Performance
During the last five days, there has been a surge of approximately 11.96%. Over the course of the year, Aris Water Solutions Inc shares have jumped approximately 19.96%. Shares of the company reached a 52-week high of $32.56 on 03/03/25 and a 52-week low of $21.93 on 01/08/25. A 50-day SMA is recorded $26.96, while a 200-day SMA reached $20.16.
Support And Resistance Levels for Aris Water Solutions Inc (ARIS)
According to the 24-hour chart, there is a support level at 27.94, which, if violated, would cause prices to drop to 27.15. In the upper region, resistance lies at 29.13. The next price resistance is at 29.53. RSI (Relative Strength Index) is 53.11 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.02, which suggests the price will increase in the coming days. Percent R is at 51.07%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
