American Electric Power Company Inc’s recently made public that its Former Director Beasley J Barnie acquired Company’s shares for reported $0.32 million on Aug 01 ’24. In the deal valued at $98.95 per share,3,218 shares were bought.
Then, Risch Therace bought 5,274 shares, generating $516,747 in total proceeds.
Before that, Smyth Antonio P sold 4,898 shares. American Electric Power Company Inc shares valued at $440,820 were divested by the Executive Vice President at a price of $90.00 per share. As a result of the transaction, Smyth Antonio P now holds 6,446 shares, worth roughly $0.68 million.
Guggenheim upgraded its American Electric Power Company Inc [AEP] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid January from “an Underperform” to “a Buy”. Scotiabank also remained covering AEP and has decreased its forecast on December 12, 2024 with a “Sector perform” recommendation from previously “Sector outperform” rating. JP Morgan revised its rating on December 12, 2024. It rated AEP as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AEP
On Monday, American Electric Power Company Inc [NASDAQ:AEP] saw its stock fall -2.02% to $105.53. Over the last five days, the stock has gained 0.86%. American Electric Power Company Inc shares have risen nearly 14.42% since the year began. Nevertheless, the stocks have risen 29.90% over the past one year. While a 52-week high of $110.48 was reached on 04/04/25, a 52-week low of $80.77 was recorded on 01/08/25. SMA at 50 days reached $104.79, while 200 days put it at $99.09.
Levels Of Support And Resistance For AEP Stock
The 24-hour chart illustrates a support level at 104.24, which if violated will result in even more drops to 102.96. On the upside, there is a resistance level at 107.29. A further resistance level may holdings at 109.06. The Relative Strength Index (RSI) on the 14-day chart is 51.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.02, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 40.81%. Stochastics %K at 71.17% indicates the stock is a holding.
How much short interest is there in American Electric Power Company Inc?
A steep rise in short interest was recorded in American Electric Power Company Inc stocks on 2025-03-31, growing by 14.94 million shares to a total of 24.6 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 9.66 million shares. There was a rise of 60.73%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on September 20, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $107 price target.
