Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Acadia Realty Trust shares valued at $1,042,635 were sold by NAPOLITANO JOSEPH on Mar 10 ’25. At $22.39 per share, NAPOLITANO JOSEPH sold 46,567 shares. The insider’s holdings dropped to 118 shares worth approximately $2499.24 following the completion of this transaction.
Also, NAPOLITANO JOSEPH purchased 46,567 shares, netting a total of over 1,042,169 in proceeds.
Before that, Blacksberg Jason had sold 30,000 shares from its account. In a trade valued at $684,300, the EVP and Chief Legal Officer traded Acadia Realty Trust shares for $22.81 each. Upon closing the transaction, the insider’s holdings decreased to 30,000 shares, worth approximately $0.0.
As published in a research note from Compass Point on October 10, 2024, Acadia Realty Trust [AKR] has been rated up from a Neutral to a Buy and the price target has been revised to $27. Analysts at JP Morgan upgraded the stock from ‘”an Underweight”‘ to ‘”a Neutral”‘ outlook in a report released in late June. As of April 05, 2024, BofA Securities has increased its “Neutral” rating to a “Buy” for AKR. Earlier on January 16, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for AKR stock which previously was a “a Buy”.
Analyzing AKR Stock Performance
During the last five days, there has been a drop of approximately -0.66%. Over the course of the year, Acadia Realty Trust shares have dropped approximately -12.33%. Shares of the company reached a 52-week high of $24.95 on 02/14/25 and a 52-week low of $20.35 on 04/01/25. A 50-day SMA is recorded $22.52, while a 200-day SMA reached $22.54.
Support And Resistance Levels for Acadia Realty Trust (AKR)
According to the 24-hour chart, there is a support level at 20.79, which, if violated, would cause prices to drop to 20.41. In the upper region, resistance lies at 21.41. The next price resistance is at 21.65. RSI (Relative Strength Index) is 41.60 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.30, which suggests the price will decrease in the coming days. Percent R is at 42.16%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
