AGCO Corp’s filing revealed that its Director De Lange Bob acquired Company’s shares for reported $0.25 million on Nov 14 ’24. In the deal valued at $91.80 per share,2,740 shares were bought. As a result of this transaction, De Lange Bob now holds 11,176 shares worth roughly $0.9 million.
Then, De Lange Bob bought 1,415 shares, generating $124,916 in total proceeds. Upon buying the shares at $88.28, the Director now owns 8,422 shares.
Before that, arnold michael c bought 1,800 shares. AGCO Corp shares valued at $157,842 were divested by the Director at a price of $87.69 per share. As a result of the transaction, arnold michael c now holds 20,465 shares, worth roughly $1.66 million.
Morgan Stanley downgraded its AGCO Corp [AGCO] rating to an Underweight from a an Equal-weight in a research note published recently. A number of analysts have revised their coverage, including Citigroup’s analysts, who increased its forecast for the stock in early April from “a Neutral” to “a Buy”. Robert W. Baird also remained covering AGCO and has decreased its forecast on March 03, 2025 with a “Neutral” recommendation from previously “an Outperform” rating. Morgan Stanley started covering the stock on December 03, 2024. It rated AGCO as “an Equal-weight”.
Price Performance Review of AGCO
On Thursday, AGCO Corp [NYSE:AGCO] saw its stock jump 0.85% to $80.96. Over the last five days, the stock has lost -3.52%. AGCO Corp shares have fallen nearly -13.39% since the year began. Nevertheless, the stocks have fallen -29.27% over the past one year. While a 52-week high of $118.77 was reached on 01/27/25, a 52-week low of $73.79 was recorded on 04/04/25. SMA at 50 days reached $93.14, while 200 days put it at $95.08.
Levels Of Support And Resistance For AGCO Stock
The 24-hour chart illustrates a support level at 79.41, which if violated will result in even more drops to 77.86. On the upside, there is a resistance level at 82.26. A further resistance level may holdings at 83.56. The Relative Strength Index (RSI) on the 14-day chart is 39.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.58%. Stochastics %K at 33.81% indicates the stock is a holding.
How much short interest is there in AGCO Corp?
A steep rise in short interest was recorded in AGCO Corp stocks on 2025-03-31, growing by 0.21 million shares to a total of 4.71 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 4.5 million shares. There was a rise of 4.53%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on August 09, 2024 when BMO Capital Markets began covering the stock and recommended ‘”a Market perform”‘ rating along with a $96 price target.
