In a filing, AES Corp revealed its SVP & Chief Accounting Officer Kohan Sherry unloaded Company’s shares for reported $0.31 million on Jun 06 ’24. In the deal valued at $20.35 per share,15,000 shares were sold. As a result of this transaction, Kohan Sherry now holds 43,334 shares worth roughly $0.45 million.
Then, Da Santos Bernerd sold 66,250 shares, generating $1,401,188 in total proceeds. Upon selling the shares at $21.15, the EVP and President, Renewables now owns 300,672 shares.
Before that, Mendoza Tish sold 66,250 shares. AES Corp shares valued at $1,405,162 were divested by the EVP & Chief HR Officer at a price of $21.21 per share. As a result of the transaction, Mendoza Tish now holds 199,481 shares, worth roughly $2.05 million.
Jefferies downgraded its AES Corp [AES] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in early March from “an Underperform” to “a Neutral”. Seaport Research Partners also remained covering AES and has decreased its forecast on March 03, 2025 with a “Sell” recommendation from previously “Neutral” rating. HSBC Securities started covering the stock on December 13, 2024. It rated AES as “a Buy”.
Price Performance Review of AES
On Tuesday, AES Corp [NYSE:AES] saw its stock fall -2.00% to $10.27. Over the last five days, the stock has gained 0.39%. AES Corp shares have fallen nearly -20.20% since the year began. Nevertheless, the stocks have fallen -39.05% over the past one year. While a 52-week high of $22.21 was reached on 01/06/25, a 52-week low of $9.88 was recorded on 02/18/25. SMA at 50 days reached $11.33, while 200 days put it at $14.60.
Levels Of Support And Resistance For AES Stock
The 24-hour chart illustrates a support level at 10.10, which if violated will result in even more drops to 9.92. On the upside, there is a resistance level at 10.56. A further resistance level may holdings at 10.84. The Relative Strength Index (RSI) on the 14-day chart is 36.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.95, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.21%. Stochastics %K at 15.14% indicates the stock is a buying.
How much short interest is there in AES Corp?
A steep rise in short interest was recorded in AES Corp stocks on 2025-03-31, dropping by -10.86 million shares to a total of 28.15 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 39.01 million shares. There was a decline of -38.57%, which implies that there is a negative sentiment for the stock.
