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A company insider recently bought 14,000 shares of Amcor Plc [AMCR]. Should You Buy?

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. Amcor Plc shares valued at $144,287 were purchased by Foufopoulos – De Ridder Lucrec on Mar 03 ’25. At $10.31 per share, Foufopoulos – De Ridder Lucrec acquired 14,000 shares. The insider’s holdings grew to 29,523 shares worth approximately $0.28 million following the completion of this transaction.

Also, Agarwal Achal purchased 10,000 shares, netting a total of over 101,000 in proceeds. Following the buying of shares at $10.10 each, the insider now holds 88,967 shares.

Before that, Agarwal Achal had added 20,000 shares to its account. In a trade valued at $201,900, the Director bought Amcor Plc shares for $10.10 each. Upon closing the transaction, the insider’s holdings increased to 20,000 shares, worth approximately $0.56 million.

As published in their initiating research note from Raymond James on April 22, 2025, Amcor Plc [AMCR] has been a Mkt perform. Analysts at Jefferies upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in early February. As of January 06, 2025, Truist has increased its “Hold” rating to a “Buy” for AMCR. Earlier on January 06, 2025, Citigroup upgraded its rating. Their new recommendation was “a Buy” for AMCR stock which previously was a “a Neutral”.

Analyzing AMCR Stock Performance

During the last five days, there has been a surge of approximately 1.71%. Over the course of the year, Amcor Plc shares have jumped approximately 1.17%. Shares of the company reached a 52-week high of $10.45 on 03/10/25 and a 52-week low of $8.37 on 04/09/25. A 50-day SMA is recorded $9.76, while a 200-day SMA reached $10.25.

Support And Resistance Levels for Amcor Plc (AMCR)

According to the 24-hour chart, there is a support level at 9.42, which, if violated, would cause prices to drop to 9.31. In the upper region, resistance lies at 9.66. The next price resistance is at 9.79. RSI (Relative Strength Index) is 50.95 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.21, which suggests the price will decrease in the coming days. Percent R is at 13.53%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

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