Ashland Inc’s recent filing unveils that its Chair of the Board and CEO NOVO GUILLERMO acquired Company’s shares for reported $2.01 million on Jan 31 ’25. In the deal valued at $64.24 per share,31,294 shares were bought. As a result of this transaction, NOVO GUILLERMO now holds 31,294 shares worth roughly $1.54 million.
Then, Assis Alessandra Faccin bought 3,150 shares, generating $201,600 in total proceeds. Upon buying the shares at $64.00, the SVP and GM, Life Sciences now owns 3,150 shares.
Before that, BONI ERIC N sold 451 shares. Ashland Inc shares valued at $35,210 were divested by the VP, Finance & Prinpl Acctg Off at a price of $78.07 per share. As a result of the transaction, BONI ERIC N now holds 14,182 shares, worth roughly $0.7 million.
JP Morgan upgraded its Ashland Inc [ASH] rating to an Overweight from a a Neutral in a research note published on March 26, 2025; the price target was increased to $71 from $68. A number of analysts have revised their coverage, including Seaport Research Partners’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Neutral”. JP Morgan also remained covering ASH and has increased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. Wells Fargo revised its rating on April 11, 2024. It rated ASH as “an Overweight” which previously was an “an Equal weight”.
Price Performance Review of ASH
On Friday, Ashland Inc [NYSE:ASH] saw its stock fall -7.35% to $49.18. Over the last five days, the stock has lost -16.66%. Ashland Inc shares have fallen nearly -31.18% since the year began. Nevertheless, the stocks have fallen -49.20% over the past one year. While a 52-week high of $102.50 was reached on 01/21/25, a 52-week low of $52.97 was recorded on 04/04/25. SMA at 50 days reached $61.04, while 200 days put it at $78.33.
Levels Of Support And Resistance For ASH Stock
The 24-hour chart illustrates a support level at 47.06, which if violated will result in even more drops to 44.93. On the upside, there is a resistance level at 51.54. A further resistance level may holdings at 53.89. The Relative Strength Index (RSI) on the 14-day chart is 23.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.37, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.04%. Stochastics %K at 21.90% indicates the stock is a holding.
How much short interest is there in Ashland Inc?
A steep rise in short interest was recorded in Ashland Inc stocks on 2025-03-14, growing by 48394.0 shares to a total of 1.49 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.45 million shares. There was a rise of 3.24%, which implies that there is a positive sentiment for the stock.
