In a filing, Albertsons Companies Inc revealed its SVP & Chief Accounting Officer Larson Robert Bruce unloaded Company’s shares for reported $0.49 million on May 01 ’24. In the deal valued at $20.24 per share,24,362 shares were sold. As a result of this transaction, Larson Robert Bruce now holds 50,241 shares worth roughly $1.0 million.
Then, DHANDA ANUJ sold 100,000 shares, generating $2,035,000 in total proceeds. Upon selling the shares at $20.35, the Chief Tech &Transformation Off now owns 365,297 shares.
Telsey Advisory Group also remained covering ACI and has increased its forecast on December 17, 2024 with a “an Outperform” recommendation from previously “Market perform” rating.
Price Performance Review of ACI
On Tuesday, Albertsons Companies Inc [NYSE:ACI] saw its stock fall -7.56% to $19.94. Over the last five days, the stock has lost -4.78%. Albertsons Companies Inc shares have risen nearly 1.53% since the year began. Nevertheless, the stocks have fallen -2.16% over the past one year. While a 52-week high of $23.20 was reached on 04/03/25, a 52-week low of $17.00 was recorded on 01/07/25. SMA at 50 days reached $21.13, while 200 days put it at $19.81.
Levels Of Support And Resistance For ACI Stock
The 24-hour chart illustrates a support level at 19.29, which if violated will result in even more drops to 18.64. On the upside, there is a resistance level at 20.93. A further resistance level may holdings at 21.92. The Relative Strength Index (RSI) on the 14-day chart is 37.93, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.68, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.32%. Stochastics %K at 21.79% indicates the stock is a holding.
How much short interest is there in Albertsons Companies Inc?
A steep rise in short interest was recorded in Albertsons Companies Inc stocks on 2025-03-31, growing by 7.44 million shares to a total of 16.64 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.2 million shares. There was a rise of 44.7%, which implies that there is a positive sentiment for the stock.
