In a filing, Axis Capital Holdings Ltd revealed its Director DAVIS CHARLES A unloaded Company’s shares for reported $200.0 million on Mar 05 ’25. In the deal valued at $93.50 per share,2,139,037 shares were sold. As a result of this transaction, DAVIS CHARLES A now holds 2,404,133 shares worth roughly $218.13 million.
Then, DAVIS CHARLES A sold 2,234,636 shares, generating $199,999,922 in total proceeds. Upon selling the shares at $89.50, the Director now owns 4,543,170 shares.
Before that, SMITH HENRY B sold 7,217 shares. Axis Capital Holdings Ltd shares valued at $526,119 were divested by the Director at a price of $72.90 per share. As a result of the transaction, SMITH HENRY B now holds 48,019 shares, worth roughly $4.36 million.
BMO Capital Markets initiated its Axis Capital Holdings Ltd [AXS] rating to a Market perform in a research note published on January 13, 2025; the price target was $93. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid December from “an Underweight” to “an Equal weight”. TD Cowen began covering AXS with “Buy” recommendation on October 04, 2024. Keefe Bruyette revised its rating on November 13, 2023. It rated AXS as “an Outperform” which previously was an “a Mkt perform”.
Price Performance Review of AXS
On Friday, Axis Capital Holdings Ltd [NYSE:AXS] saw its stock fall -8.32% to $90.73. Over the last five days, the stock has lost -8.82%. Axis Capital Holdings Ltd shares have risen nearly 2.38% since the year began. Nevertheless, the stocks have risen 38.79% over the past one year. While a 52-week high of $101.42 was reached on 03/28/25, a 52-week low of $60.44 was recorded on 01/13/25. SMA at 50 days reached $93.91, while 200 days put it at $83.86.
Levels Of Support And Resistance For AXS Stock
The 24-hour chart illustrates a support level at 87.44, which if violated will result in even more drops to 84.14. On the upside, there is a resistance level at 95.12. A further resistance level may holdings at 99.51. The Relative Strength Index (RSI) on the 14-day chart is 35.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.93%. Stochastics %K at 61.11% indicates the stock is a holding.
How much short interest is there in Axis Capital Holdings Ltd?
A steep rise in short interest was recorded in Axis Capital Holdings Ltd stocks on 2025-03-14, dropping by -0.15 million shares to a total of 1.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 1.48 million shares. There was a decline of -11.34%, which implies that there is a negative sentiment for the stock.
