Avery Dennison Corp’s recent filing unveils that its Executive Chairman Butier Mitchell R unloaded Company’s shares for reported $2.36 million on Mar 06 ’25. In the deal valued at $181.85 per share,12,969 shares were sold. As a result of this transaction, Butier Mitchell R now holds 303,331 shares worth roughly $56.58 million.
Then, Butier Mitchell R sold 8,068 shares, generating $1,502,199 in total proceeds. Upon selling the shares at $186.19, the Executive Chairman now owns 316,300 shares.
Before that, Butier Mitchell R bought 12,969 shares. Avery Dennison Corp shares valued at $2,348,167 were divested by the Officer at a price of $181.06 per share.
JP Morgan upgraded its Avery Dennison Corp [AVY] rating to an Overweight from a a Neutral in a research note published on January 31, 2025; the price target was decreased to $205 from $210. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late October from “an Overweight” to “a Neutral”. BofA Securities also remained covering AVY and has increased its forecast on October 17, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Barclays started covering the stock on October 07, 2024. It rated AVY as “an Overweight”.
Price Performance Review of AVY
On Monday, Avery Dennison Corp [NYSE:AVY] saw its stock jump 1.40% to $186.52. Over the last five days, the stock has gained 0.32%. Avery Dennison Corp shares have fallen nearly -0.33% since the year began. Nevertheless, the stocks have fallen -12.85% over the past one year. While a 52-week high of $233.48 was reached on 01/28/25, a 52-week low of $178.72 was recorded on 02/12/25. SMA at 50 days reached $186.26, while 200 days put it at $206.80.
Levels Of Support And Resistance For AVY Stock
The 24-hour chart illustrates a support level at 183.68, which if violated will result in even more drops to 180.85. On the upside, there is a resistance level at 189.55. A further resistance level may holdings at 192.59. The Relative Strength Index (RSI) on the 14-day chart is 53.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.33, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 37.36%. Stochastics %K at 41.41% indicates the stock is a holding.
