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The Attractiveness of Investing In Alexander & Baldwin Inc (ALEX) is Growing

In a filing, Alexander & Baldwin Inc revealed its Exec. VP, External Affairs CHING MEREDITH J unloaded Company’s shares for reported $12641.0 on Mar 10 ’25. In the deal valued at $18.06 per share,700 shares were sold. As a result of this transaction, CHING MEREDITH J now holds 151,749 shares worth roughly $2.66 million.

Then, CHING MEREDITH J bought 700 shares, generating $12,635 in total proceeds.

Before that, CHING MEREDITH J sold 700 shares. Alexander & Baldwin Inc shares valued at $12,534 were divested by the Exec. VP, External Affairs at a price of $17.91 per share. As a result of the transaction, CHING MEREDITH J now holds 152,449 shares, worth roughly $2.67 million.

Alliance Global Partners initiated its Alexander & Baldwin Inc [ALEX] rating to a Buy in a research note published on August 08, 2024; the price target was $22. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who increased its forecast for the stock in late July from “a Neutral” to “an Overweight”. Janney began covering ALEX with “Buy” recommendation on December 12, 2023. JMP Securities started covering the stock on November 29, 2023. It rated ALEX as “a Mkt perform”.

Price Performance Review of ALEX

On Tuesday, Alexander & Baldwin Inc [NYSE:ALEX] saw its stock jump 1.68% to $17.52. Over the last five days, the stock has gained 1.57%. Alexander & Baldwin Inc shares have fallen nearly -1.24% since the year began. Nevertheless, the stocks have risen 6.38% over the past one year. While a 52-week high of $20.30 was reached on 02/28/25, a 52-week low of $15.53 was recorded on 01/10/25. SMA at 50 days reached $17.72, while 200 days put it at $18.36.

Levels Of Support And Resistance For ALEX Stock

The 24-hour chart illustrates a support level at 17.25, which if violated will result in even more drops to 16.99. On the upside, there is a resistance level at 17.65. A further resistance level may holdings at 17.79. The Relative Strength Index (RSI) on the 14-day chart is 49.33, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.44%. Stochastics %K at 28.65% indicates the stock is a holding.

How much short interest is there in Alexander & Baldwin Inc?

A steep rise in short interest was recorded in Alexander & Baldwin Inc stocks on 2025-03-14, growing by 0.19 million shares to a total of 0.79 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 0.6 million shares. There was a rise of 24.1%, which implies that there is a positive sentiment for the stock.

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