Apple Hospitality REIT Inc’s recently made public that its Director Handlon Carolyn B acquired Company’s shares for reported $99289.0 on Mar 12 ’25. In the deal valued at $13.70 per share,7,250 shares were bought. As a result of this transaction, Handlon Carolyn B now holds 22,363 shares worth roughly $0.3 million.
Then, Hugh Redd bought 1,000 shares, generating $14,570 in total proceeds. Upon buying the shares at $14.57, the Director now owns 135,254 shares.
Before that, KNIGHT GLADE M bought 5,000 shares. Apple Hospitality REIT Inc shares valued at $72,700 were divested by the Executive Chairman at a price of $14.54 per share. As a result of the transaction, KNIGHT GLADE M now holds 641,990 shares, worth roughly $8.56 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 Friday, Apple Hospitality REIT Inc [NYSE:APLE] saw its stock fall -1.33% to $13.33. Over the last five days, the stock has lost -1.48%. Apple Hospitality REIT Inc shares have fallen nearly -13.16% since the year began. Nevertheless, the stocks have fallen -19.00% over the past one year. While a 52-week high of $16.78 was reached on 01/28/25, a 52-week low of $13.10 was recorded on 03/21/25. SMA at 50 days reached $14.77, while 200 days put it at $14.88.
Levels Of Support And Resistance For APLE Stock
The 24-hour chart illustrates a support level at 13.11, which if violated will result in even more drops to 12.88. On the upside, there is a resistance level at 13.46. A further resistance level may holdings at 13.58. The Relative Strength Index (RSI) on the 14-day chart is 34.69, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.18%. Stochastics %K at 22.45% indicates the stock is a holding.
How much short interest is there in Apple Hospitality REIT Inc?
A steep rise in short interest was recorded in Apple Hospitality REIT Inc stocks on 2025-02-28, dropping by -0.2 million shares to a total of 8.58 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.77 million shares. There was a decline of -2.3%, which implies that there is a negative sentiment for the stock.
