Apple Hospitality REIT Inc’s recent filing unveils that its Director Hugh Redd acquired Company’s shares for reported $14570.0 on Feb 28 ’25. In the deal valued at $14.57 per share,1,000 shares were bought. As a result of this transaction, Hugh Redd now holds 135,254 shares worth roughly $1.92 million.
Then, KNIGHT GLADE M bought 5,000 shares, generating $72,700 in total proceeds. Upon buying the shares at $14.54, the Executive Chairman now owns 641,990 shares.
Before that, Hugh Redd bought 1,000 shares. Apple Hospitality REIT Inc shares valued at $14,095 were divested by the Director at a price of $14.10 per share. As a result of the transaction, Hugh Redd now holds 126,223 shares, worth roughly $1.79 million.
BofA Securities upgraded its Apple Hospitality REIT Inc [APLE] rating to a Buy from a a Neutral in a research note published on January 27, 2025; the price target was increased to $17 from $16. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early December with a ‘”an Outperform”‘ rating. Wedbush began covering APLE with “Neutral” recommendation on June 03, 2024. BofA Securities revised its rating on January 08, 2024. It rated APLE as “a Neutral” which previously was an “a Buy”.
Price Performance Review of APLE
On Monday, Apple Hospitality REIT Inc [NYSE:APLE] saw its stock fall -3.34% to $14.18. Over the last five days, the stock has lost -2.68%. Apple Hospitality REIT Inc shares have fallen nearly -7.62% since the year began. Nevertheless, the stocks have fallen -13.52% over the past one year. While a 52-week high of $16.93 was reached on 01/28/25, a 52-week low of $13.56 was recorded on 03/10/25. SMA at 50 days reached $15.09, while 200 days put it at $14.92.
Levels Of Support And Resistance For APLE Stock
The 24-hour chart illustrates a support level at 13.95, which if violated will result in even more drops to 13.72. On the upside, there is a resistance level at 14.56. A further resistance level may holdings at 14.94. The Relative Strength Index (RSI) on the 14-day chart is 36.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.01%. Stochastics %K at 17.72% indicates the stock is a buying.
