Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Assured Guaranty Ltd shares valued at $3,003,220 were sold by FREDERICO DOMINIC on Dec 10 ’24. At $88.33 per share, FREDERICO DOMINIC sold 34,000 shares. The insider’s holdings dropped to 1,327,969 shares worth approximately $111.66 million following the completion of this transaction.
Also, FREDERICO DOMINIC purchased 34,000 shares, netting a total of over 3,000,000 in proceeds.
Before that, Bailenson Robert had sold 25,000 shares from its account. In a trade valued at $2,336,000, the Chief Operating Officer traded Assured Guaranty Ltd shares for $93.44 each. Upon closing the transaction, the insider’s holdings decreased to 25,000 shares, worth approximately $23.53 million.
As published in a research note from Keefe Bruyette on July 09, 2024, Assured Guaranty Ltd [AGO] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $92 from $87. Analysts at Keefe Bruyette downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in early April. As of November 28, 2022, Compass Point has initiated its “Buy” rating for AGO. Earlier on April 05, 2022, UBS downgraded its rating. Their new recommendation was “a Neutral” for AGO stock which previously was a “a Buy”.
Analyzing AGO Stock Performance
During the last five days, there has been a drop of approximately -5.34%. Over the course of the year, Assured Guaranty Ltd shares have dropped approximately -6.59%. Shares of the company reached a 52-week high of $96.50 on 01/30/25 and a 52-week low of $82.26 on 03/12/25. A 50-day SMA is recorded $89.45, while a 200-day SMA reached $84.92.
Support And Resistance Levels for Assured Guaranty Ltd (AGO)
According to the 24-hour chart, there is a support level at 83.13, which, if violated, would cause prices to drop to 82.18. In the upper region, resistance lies at 85.66. The next price resistance is at 87.24. RSI (Relative Strength Index) is 38.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.52, which suggests the price will decrease in the coming days. Percent R is at 94.95%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.