In a filing, American Tower Corp revealed its EVP & President, Asia-Pacific Goel Sanjay unloaded 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 sold. As a result of this transaction, Goel Sanjay now holds 25,408 shares worth roughly $5.41 million.
Then, Goel Sanjay bought 4,000 shares, generating $863,680 in total proceeds.
Before that, Meyer Robert Joseph JR sold 2,939 shares. American Tower Corp shares valued at $594,207 were divested by the SVP & Chief Accounting Officer at a price of $202.18 per share. As a result of the transaction, Meyer Robert Joseph JR now holds 26,210 shares, worth roughly $5.58 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 fall -1.59% to $212.80. Over the last five days, the stock has gained 0.05%. American Tower Corp shares have risen nearly 16.02% since the year began. Nevertheless, the stocks have risen 9.34% over the past one year. While a 52-week high of $243.56 was reached on 03/21/25, a 52-week low of $170.46 was recorded on 01/10/25. SMA at 50 days reached $196.07, while 200 days put it at $207.34.
Levels Of Support And Resistance For AMT Stock
The 24-hour chart illustrates a support level at 211.14, which if violated will result in even more drops to 209.47. On the upside, there is a resistance level at 215.74. A further resistance level may holdings at 218.67. The Relative Strength Index (RSI) on the 14-day chart is 61.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.95, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.30%. Stochastics %K at 72.95% 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.
