Avalonbay Communities Inc’s recently made public that its Former officer Lockridge Joanne M acquired Company’s shares for reported $0.39 million on Mar 05 ’25. In the deal valued at $221.74 per share,1,753 shares were bought.
Then, NAUGHTON TIMOTHY J sold 23,697 shares, generating $5,532,494 in total proceeds. Upon selling the shares at $233.47, the Director now owns 87,239 shares.
Before that, NAUGHTON TIMOTHY J sold 2,261 shares. Avalonbay Communities Inc shares valued at $528,577 were divested by the Director at a price of $233.78 per share. As a result of the transaction, NAUGHTON TIMOTHY J now holds 111,436 shares, worth roughly $23.6 million.
Morgan Stanley downgraded its Avalonbay Communities Inc [AVB] rating to an Equal-weight from a an Overweight in a research note published on January 24, 2025; the price target was decreased to $223 from $236. A number of analysts have revised their coverage, including Mizuho’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “an Outperform”. JP Morgan also remained covering AVB and has increased its forecast on December 17, 2024 with a “an Overweight” recommendation from previously “Neutral” rating. Barclays started covering the stock on December 17, 2024. It rated AVB as “an Equal weight”.
Price Performance Review of AVB
On Monday, Avalonbay Communities Inc [NYSE:AVB] saw its stock jump 1.01% to $211.75. Over the last five days, the stock has lost -2.14%. Avalonbay Communities Inc shares have fallen nearly -3.74% since the year began. Nevertheless, the stocks have risen 14.09% over the past one year. While a 52-week high of $239.10 was reached on 03/04/25, a 52-week low of $176.97 was recorded on 03/14/25. SMA at 50 days reached $218.02, while 200 days put it at $217.83.
Levels Of Support And Resistance For AVB Stock
The 24-hour chart illustrates a support level at 209.74, which if violated will result in even more drops to 207.73. On the upside, there is a resistance level at 213.23. A further resistance level may holdings at 214.71. The Relative Strength Index (RSI) on the 14-day chart is 40.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.24, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 78.87%. Stochastics %K at 12.25% indicates the stock is a buying.
How much short interest is there in Avalonbay Communities Inc?
A steep rise in short interest was recorded in Avalonbay Communities Inc stocks on 2025-02-28, growing by 0.27 million shares to a total of 3.31 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 3.04 million shares. There was a rise of 8.09%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 11, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $250 price target.
