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Artisan Partners Asset Management Inc (APAM) receives a Market perform rating from TD Cowen

NUE

In a filing, Artisan Partners Asset Management Inc revealed its Executive Vice President Ramirez Gregory K unloaded Company’s shares for reported $0.25 million on Mar 07 ’25. In the deal valued at $43.16 per share,5,905 shares were sold. As a result of this transaction, Ramirez Gregory K now holds 104,836 shares worth roughly $4.18 million.

Then, Ramirez Gregory K bought 5,905 shares, generating $254,846 in total proceeds.

TD Cowen initiated its Artisan Partners Asset Management Inc [APAM] rating to a Market perform in a research note published on January 04, 2024; the price target was $41. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early March from “a Neutral” to “a Sell”. Credit Suisse began covering APAM with “Neutral” recommendation on October 19, 2022. Goldman revised its rating on January 04, 2022. It rated APAM as “a Neutral” which previously was an “a Buy”.

Price Performance Review of APAM

On Tuesday, Artisan Partners Asset Management Inc [NYSE:APAM] saw its stock fall -5.81% to $39.85. Over the last five days, the stock has lost -1.63%. Artisan Partners Asset Management Inc shares have fallen nearly -6.38% since the year began. Nevertheless, the stocks have fallen -11.18% over the past one year. While a 52-week high of $48.98 was reached on 02/05/25, a 52-week low of $37.46 was recorded on 03/04/25. SMA at 50 days reached $43.11, while 200 days put it at $43.22.

Levels Of Support And Resistance For APAM Stock

The 24-hour chart illustrates a support level at 38.64, which if violated will result in even more drops to 37.44. On the upside, there is a resistance level at 41.88. A further resistance level may holdings at 43.91. The Relative Strength Index (RSI) on the 14-day chart is 36.67, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.18%. Stochastics %K at 45.38% indicates the stock is a holding.

The most recent change occurred on December 22, 2021 when Evercore ISI began covering the stock and recommended ‘”an In-line”‘ rating along with a $48 price target.

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