In a filing, Acadia Realty Trust revealed its Officer NAPOLITANO JOSEPH acquired Company’s shares for reported $1.04 million on Mar 10 ’25. In the deal valued at $22.38 per share,46,567 shares were bought.
Then, Blacksberg Jason sold 30,000 shares, generating $684,300 in total proceeds. Upon selling the shares at $22.81, the EVP and Chief Legal Officer now owns 0 shares.
Before that, Blacksberg Jason bought 30,000 shares. Acadia Realty Trust shares valued at $684,378 were divested by the Officer at a price of $22.81 per share.
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 -0.98% to $22.29. Over the last five days, the stock has lost -2.54%. Acadia Realty Trust shares have fallen nearly -7.74% since the year began. Nevertheless, the stocks have risen 34.76% 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 $23.18, while 200 days put it at $22.17.
Levels Of Support And Resistance For AKR Stock
The 24-hour chart illustrates a support level at 21.97, which if violated will result in even more drops to 21.66. On the upside, there is a resistance level at 22.57. A further resistance level may holdings at 22.86. The Relative Strength Index (RSI) on the 14-day chart is 38.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.16%. Stochastics %K at 8.91% indicates the stock is a buying.
