Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American Well Corporation shares valued at $699 were sold by McNeice Paul Francis on Apr 01 ’25. At $7.28 per share, McNeice Paul Francis sold 96 shares. The insider’s holdings dropped to 14,487 shares worth approximately $0.1 million following the completion of this transaction.
Also, Gotlib Phyllis sold 1,068 shares, netting a total of over 7,775 in proceeds. Following the sale of shares at $7.28 each, the insider now holds 146,930 shares.
Before that, Phyllis Gotlib had added 1,068 shares to its account. In a trade valued at $7,775, the Officer bought American Well Corporation shares for $7.28 each.
As published in a research note from Wells Fargo on January 13, 2025, American Well Corporation [AMWL] has been rated up from an Equal weight to an Overweight and the price target has been revised to $15. Analysts at Morgan Stanley downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early August. As of March 23, 2023, TD Cowen has decreased its “an Outperform” rating to a “Market perform” for AMWL. Earlier on February 27, 2023, Piper Sandler downgraded its rating. Their new recommendation was “a Neutral” for AMWL stock which previously was a “an Overweight”.
Analyzing AMWL Stock Performance
During the last five days, there has been a drop of approximately -3.72%. Over the course of the year, American Well Corporation shares have dropped approximately -3.72%. Shares of the company reached a 52-week high of $12.95 on 02/18/25 and a 52-week low of $6.09 on 04/08/25. A 50-day SMA is recorded $8.85, while a 200-day SMA reached $8.89.
Support And Resistance Levels for American Well Corporation (AMWL)
According to the 24-hour chart, there is a support level at 6.77, which, if violated, would cause prices to drop to 6.55. In the upper region, resistance lies at 7.29. The next price resistance is at 7.60. RSI (Relative Strength Index) is 39.26 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.03, which suggests the price will decrease in the coming days. Percent R is at 50.70%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
