Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American Tower Corp shares valued at $863,680 were sold by Goel Sanjay on Mar 17 ’25. At $215.92 per share, Goel Sanjay sold 4,000 shares. The insider’s holdings dropped to 25,408 shares worth approximately $5.29 million following the completion of this transaction.
Also, Goel Sanjay purchased 4,000 shares, netting a total of over 863,680 in proceeds.
Before that, Meyer Robert Joseph JR had sold 2,939 shares from its account. In a trade valued at $594,207, the SVP & Chief Accounting Officer traded American Tower Corp shares for $202.18 each. Upon closing the transaction, the insider’s holdings decreased to 2,939 shares, worth approximately $5.46 million.
Analysts at Wells Fargo upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid March. As of January 27, 2025, JMP Securities has initiated its “Mkt outperform” rating for AMT. Earlier on October 10, 2024, Wells Fargo downgraded its rating. Their new recommendation was “an Equal weight” for AMT stock which previously was a “an Overweight”.
Analyzing AMT Stock Performance
During the last five days, there has been a drop of approximately -8.71%. Over the course of the year, American Tower Corp shares have jumped approximately 13.58%. Shares of the company reached a 52-week high of $233.80 on 04/04/25 and a 52-week low of $172.51 on 01/10/25. A 50-day SMA is recorded $203.81, while a 200-day SMA reached $208.58.
Support And Resistance Levels for American Tower Corp (AMT)
According to the 24-hour chart, there is a support level at 203.49, which, if violated, would cause prices to drop to 198.66. In the upper region, resistance lies at 213.16. The next price resistance is at 218.00. RSI (Relative Strength Index) is 47.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -7.40, which suggests the price will decrease in the coming days. Percent R is at 70.19%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
