Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. AerSale Corp shares valued at $14,435 were sold by Pizzi Enrique on Jan 08 ’25. At $6.01 per share, Pizzi Enrique sold 2,401 shares. The insider’s holdings dropped to 70,948 shares worth approximately $0.48 million following the completion of this transaction.
Also, Finazzo Nicolas purchased 20,000 shares, netting a total of over 107,122 in proceeds. Following the buying of shares at $5.36 each, the insider now holds 37,000 shares.
Before that, Wright Frederick Craig had added 4,000 shares to its account. In a trade valued at $20,997, the insider bought AerSale Corp shares for $5.25 each. Upon closing the transaction, the insider’s holdings increased to 4,000 shares, worth approximately $1.32 million.
As published in a research note from RBC Capital Mkts on August 09, 2023, AerSale Corp [ASLE] has been rated down from an Outperform to a Sector perform and the price target has been revised to $15 from $20. Analysts at Truist started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of November 30, 2022, RBC Capital Mkts has initiated its “an Outperform” rating for ASLE. Earlier on September 01, 2022, Stifel initiated its rating. Their recommendation was “a Buy” for ASLE stock.
Analyzing ASLE Stock Performance
During the last five days, there has been a drop of approximately -8.03%. Over the course of the year, AerSale Corp shares have jumped approximately 7.30%. Shares of the company reached a 52-week high of $8.76 on 03/17/25 and a 52-week low of $5.96 on 01/08/25. A 50-day SMA is recorded $7.42, while a 200-day SMA reached $6.26.
Support And Resistance Levels for AerSale Corp (ASLE)
According to the 24-hour chart, there is a support level at 6.58, which, if violated, would cause prices to drop to 6.40. In the upper region, resistance lies at 6.99. The next price resistance is at 7.23. RSI (Relative Strength Index) is 37.24 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.23, which suggests the price will decrease in the coming days. Percent R is at 79.29%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.