Air Lease Corp’s filing revealed that its EVP Levy Grant A unloaded Company’s shares for reported $0.38 million on Nov 29 ’24. In the deal valued at $51.10 per share,7,500 shares were sold. As a result of this transaction, Levy Grant A now holds 143,315 shares worth roughly $5.8 million.
Then, Levy Grant A bought 7,500 shares, generating $383,254 in total proceeds.
Before that, Khatibi Alex A sold 10,000 shares. Air Lease Corp shares valued at $504,012 were divested by the EVP at a price of $50.40 per share. As a result of the transaction, Khatibi Alex A now holds 66,300 shares, worth roughly $2.68 million.
BofA Securities downgraded its Air Lease Corp [AL] rating to an Underperform from a a Buy in a research note published on March 07, 2025; the price target was decreased to $50 from $72. TD Cowen maintained its rating on May 07, 2024. It rated AL as “a Buy”.
Price Performance Review of AL
On Tuesday, Air Lease Corp [NYSE:AL] saw its stock fall -3.21% to $40.46. Over the last five days, the stock has lost -16.49%. Air Lease Corp shares have fallen nearly -16.08% since the year began. Nevertheless, the stocks have fallen -19.94% over the past one year. While a 52-week high of $52.31 was reached on 02/19/25, a 52-week low of $39.43 was recorded on 04/08/25. SMA at 50 days reached $46.65, while 200 days put it at $46.53.
Levels Of Support And Resistance For AL Stock
The 24-hour chart illustrates a support level at 38.89, which if violated will result in even more drops to 37.33. On the upside, there is a resistance level at 42.97. A further resistance level may holdings at 45.49. The Relative Strength Index (RSI) on the 14-day chart is 30.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.38, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 94.02%. Stochastics %K at 13.38% indicates the stock is a buying.
How much short interest is there in Air Lease Corp?
A steep rise in short interest was recorded in Air Lease Corp stocks on 2025-03-14, growing by 0.42 million shares to a total of 3.52 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 3.11 million shares. There was a rise of 11.84%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 10, 2024 when BMO Capital Markets began covering the stock and recommended ‘”an Outperform”‘ rating along with a $54 price target.
