The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. AZEK Company Inc shares valued at $615,445 were sold by Singh Jesse G on Mar 10 ’25. At $41.03 per share, Singh Jesse G sold 15,000 shares. The insider’s holdings dropped to 868,765 shares worth approximately $36.25 million following the completion of this transaction.
Also, Singh Jesse G purchased 15,000 shares, netting a total of over 637,050 in proceeds.
Before that, Singh Jesse G had sold 20,387 shares from its account. In a trade valued at $1,020,981, the CEO and President traded AZEK Company Inc shares for $50.08 each. Upon closing the transaction, the insider’s holdings decreased to 20,387 shares, worth approximately $36.88 million.
As published in a research note from Citigroup on January 06, 2025, AZEK Company Inc [AZEK] has been rated up from a Neutral to a Buy and the price target has been revised to $60 from $51. Analysts at Loop Capital downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early October. As of July 23, 2024, BMO Capital Markets has decreased its “an Outperform” rating to a “Market perform” for AZEK. Earlier on July 03, 2024, DA Davidson downgraded its rating. Their new recommendation was “a Neutral” for AZEK stock which previously was a “a Buy”.
Analyzing AZEK Stock Performance
During the last five days, there has been a surge of approximately 5.35%. Over the course of the year, AZEK Company Inc shares have dropped approximately -12.09%. Shares of the company reached a 52-week high of $52.54 on 01/31/25 and a 52-week low of $39.21 on 03/11/25. A 50-day SMA is recorded $47.24, while a 200-day SMA reached $45.81.
Support And Resistance Levels for AZEK Company Inc (AZEK)
According to the 24-hour chart, there is a support level at 41.19, which, if violated, would cause prices to drop to 40.64. In the upper region, resistance lies at 42.54. The next price resistance is at 43.35. RSI (Relative Strength Index) is 38.80 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.78, which suggests the price will decrease in the coming days. Percent R is at 70.54%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
