Advanced Drainage Systems Inc’s recent filing unveils that its EVP, Supply Chain & Logistics HARVEY DARIN S. unloaded Company’s shares for reported $0.31 million on Feb 19 ’25. In the deal valued at $125.00 per share,2,464 shares were sold. As a result of this transaction, HARVEY DARIN S. now holds 3,069 shares worth roughly $0.33 million.
Then, DARIN S. HARVEY bought 2,464 shares, generating $308,000 in total proceeds.
Before that, MICHAEL HUEBERT bought 16,032 shares. Advanced Drainage Systems Inc shares valued at $2,326,854 were divested by the Officer at a price of $145.14 per share.
Deutsche Bank initiated its Advanced Drainage Systems Inc [WMS] rating to a Buy in a research note published on April 01, 2025; the price target was $134. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early January from “a Neutral” to “a Buy”. Stephens also remained covering WMS and has decreased its forecast on November 13, 2024 with a “an Equal-weight” recommendation from previously “an Overweight” rating. Northcoast started covering the stock on May 08, 2024. It rated WMS as “a Buy”.
Price Performance Review of WMS
On Tuesday, Advanced Drainage Systems Inc [NYSE:WMS] saw its stock jump 0.30% to $108.98. Over the last five days, the stock has lost -2.04%. Advanced Drainage Systems Inc shares have fallen nearly -5.73% since the year began. Nevertheless, the stocks have fallen -36.73% over the past one year. While a 52-week high of $184.27 was reached on 02/11/25, a 52-week low of $101.90 was recorded on 03/04/25. SMA at 50 days reached $116.22, while 200 days put it at $139.11.
Levels Of Support And Resistance For WMS Stock
The 24-hour chart illustrates a support level at 107.72, which if violated will result in even more drops to 106.47. On the upside, there is a resistance level at 109.87. A further resistance level may holdings at 110.76. The Relative Strength Index (RSI) on the 14-day chart is 43.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.05, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 50.16%. Stochastics %K at 43.51% indicates the stock is a holding.
How much short interest is there in Advanced Drainage Systems Inc?
A steep rise in short interest was recorded in Advanced Drainage Systems Inc stocks on 2025-03-14, growing by 0.28 million shares to a total of 2.46 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 2.19 million shares. There was a rise of 11.23%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 25, 2023 when Stephens began covering the stock and recommended ‘”an Overweight”‘ rating along with a $148 price target.
