In a filing, American Tower Corp revealed its EVP & President, Asia-Pacific Goel Sanjay unloaded Company’s shares for reported $0.86 million on Mar 17 ’25. In the deal valued at $215.92 per share,4,000 shares were sold. As a result of this transaction, Goel Sanjay now holds 25,408 shares worth roughly $5.62 million.
Then, Goel Sanjay bought 4,000 shares, generating $863,680 in total proceeds.
Before that, Meyer Robert Joseph JR sold 2,939 shares. American Tower Corp shares valued at $594,207 were divested by the SVP & Chief Accounting Officer at a price of $202.18 per share. As a result of the transaction, Meyer Robert Joseph JR now holds 26,210 shares, worth roughly $5.8 million.
A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid March from “an Equal weight” to “an Overweight”. JMP Securities began covering AMT with “Mkt outperform” recommendation on January 27, 2025. Wells Fargo revised its rating on October 10, 2024. It rated AMT as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of AMT
On Tuesday, American Tower Corp [NYSE:AMT] saw its stock jump 4.75% to $221.33. Over the last five days, the stock has gained 0.16%. American Tower Corp shares have risen nearly 20.67% since the year began. Nevertheless, the stocks have risen 28.01% over the past one year. While a 52-week high of $243.56 was reached on 04/04/25, a 52-week low of $170.46 was recorded on 01/10/25. SMA at 50 days reached $210.55, while 200 days put it at $209.82.
Levels Of Support And Resistance For AMT Stock
The 24-hour chart illustrates a support level at 213.87, which if violated will result in even more drops to 206.41. On the upside, there is a resistance level at 225.28. A further resistance level may holdings at 229.23. The Relative Strength Index (RSI) on the 14-day chart is 57.86, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 11.28%. Stochastics %K at 63.23% indicates the stock is a holding.
How much short interest is there in American Tower Corp?
A steep rise in short interest was recorded in American Tower Corp stocks on 2025-04-15, dropping by -1.67 million shares to a total of 5.4 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 7.07 million shares. There was a decline of -30.89%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 01, 2024 when Goldman began covering the stock and recommended ‘”a Buy”‘ rating along with a $230 price target.
