Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Avery Dennison Corp shares valued at $2,358,387 were sold by Butier Mitchell R on Mar 06 ’25. At $181.85 per share, Butier Mitchell R sold 12,969 shares. The insider’s holdings dropped to 303,331 shares worth approximately $51.01 million following the completion of this transaction.
Also, Butier Mitchell R sold 8,068 shares, netting a total of over 1,502,199 in proceeds. Following the sale of shares at $186.19 each, the insider now holds 316,300 shares.
Before that, Butier Mitchell R had added 12,969 shares to its account. In a trade valued at $2,348,167, the Officer bought Avery Dennison Corp shares for $181.06 each.
As published in a research note from JP Morgan on January 31, 2025, Avery Dennison Corp [AVY] has been rated up from a Neutral to an Overweight and the price target has been revised to $205 from $210. Analysts at JP Morgan downgraded the stock from ‘”an Overweight”‘ to ‘”a Neutral”‘ outlook in a report released in late October. As of October 17, 2024, BofA Securities has increased its “an Underperform” rating to a “Buy” for AVY. Earlier on October 07, 2024, Barclays initiated its rating. Their recommendation was “an Overweight” for AVY stock.
Analyzing AVY Stock Performance
During the last five days, there has been a drop of approximately -0.42%. Over the course of the year, Avery Dennison Corp shares have dropped approximately -10.14%. Shares of the company reached a 52-week high of $196.40 on 01/28/25 and a 52-week low of $157.00 on 04/08/25. A 50-day SMA is recorded $178.67, while a 200-day SMA reached $199.81.
Support And Resistance Levels for Avery Dennison Corp (AVY)
According to the 24-hour chart, there is a support level at 166.48, which, if violated, would cause prices to drop to 164.82. In the upper region, resistance lies at 170.51. The next price resistance is at 172.88. RSI (Relative Strength Index) is 42.18 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.55, which suggests the price will decrease in the coming days. Percent R is at 52.87%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
