American Tower Corp’s filing revealed that its Officer Goel Sanjay acquired Company’s shares for reported $0.86 million on Mar 17 ’25. In the deal valued at $215.92 per share,4,000 shares were bought.
Then, Meyer Robert Joseph JR sold 2,939 shares, generating $594,207 in total proceeds. Upon selling the shares at $202.18, the SVP & Chief Accounting Officer now owns 26,210 shares.
Before that, Meyer Robert Joseph JR sold 2,724 shares. American Tower Corp shares valued at $547,851 were divested by the SVP & Chief Accounting Officer at a price of $201.12 per share. As a result of the transaction, Meyer Robert Joseph JR now holds 29,149 shares, worth roughly $6.2 million.
Wells Fargo upgraded its American Tower Corp [AMT] rating to an Overweight from a an Equal weight in a research note published on March 17, 2025; the price target was increased to $230 from $210. A number of analysts have revised their coverage, including JMP Securities’s analysts, who began to cover the stock in late January with a ‘”a Mkt outperform”‘ rating. Wells Fargo also remained covering AMT and has decreased its forecast on October 10, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Goldman started covering the stock on July 01, 2024. It rated AMT as “a Buy”.
Price Performance Review of AMT
On Monday, American Tower Corp [NYSE:AMT] saw its stock jump 0.83% to $212.69. Over the last five days, the stock has lost -0.18%. American Tower Corp shares have risen nearly 15.96% since the year began. Nevertheless, the stocks have risen 5.11% over the past one year. While a 52-week high of $243.56 was reached on 03/10/25, a 52-week low of $170.46 was recorded on 01/10/25. SMA at 50 days reached $192.63, while 200 days put it at $206.83.
Levels Of Support And Resistance For AMT Stock
The 24-hour chart illustrates a support level at 210.58, which if violated will result in even more drops to 208.48. On the upside, there is a resistance level at 215.56. A further resistance level may holdings at 218.44. The Relative Strength Index (RSI) on the 14-day chart is 65.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.19, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.71%. Stochastics %K at 70.47% indicates the stock is a holding.
How much short interest is there in American Tower Corp?
A steep rise in short interest was recorded in American Tower Corp stocks on 2025-02-28, growing by 0.48 million shares to a total of 6.18 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 5.7 million shares. There was a rise of 7.75%, which implies that there is a positive sentiment for the stock.
