The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Acadian Asset Management Inc shares valued at $1,996,455 were purchased by Hart Richard Jonathan on Nov 11 ’24. At $28.52 per share, Hart Richard Jonathan acquired 70,000 shares.
Also, Hart Richard Jonathan sold 70,000 shares, netting a total of over 1,996,400 in proceeds. Following the sale of shares at $28.52 each, the insider now holds 155,778 shares.
As published in a research note from Morgan Stanley on April 07, 2025, Acadian Asset Management Inc [AAMI] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $26. Analysts at RBC Capital Mkts downgraded the stock from ‘”an Outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in early December. As of October 18, 2024, Morgan Stanley has decreased its “an Equal-weight” rating to a “an Underweight” for AAMI. Earlier on December 14, 2021, Morgan Stanley downgraded its rating. Their new recommendation was “an Equal-weight” for AAMI stock which previously was a “an Overweight”.
Analyzing AAMI Stock Performance
During the last five days, there has been a surge of approximately 3.42%. Over the course of the year, Acadian Asset Management Inc shares have jumped approximately 1.10%. Shares of the company reached a 52-week high of $27.09 on 04/15/25 and a 52-week low of $22.60 on 04/07/25. A 50-day SMA is recorded $25.28, while a 200-day SMA reached $25.73.
Support And Resistance Levels for Acadian Asset Management Inc (AAMI)
According to the 24-hour chart, there is a support level at 26.48, which, if violated, would cause prices to drop to 26.32. In the upper region, resistance lies at 26.83. The next price resistance is at 27.02. RSI (Relative Strength Index) is 57.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.09, which suggests the price will increase in the coming days. Percent R is at 10.19%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
