Armstrong World Industries Inc’s recent filing unveils that its Director JAMES C MELVILLE acquired Company’s shares for reported $1.27 million on Aug 06 ’24. In the deal valued at $122.51 per share,10,332 shares were bought.
Then, JAMES C MELVILLE bought 5,405 shares, generating $657,793 in total proceeds.
Before that, Kirchner-King Dawn M. sold 364 shares. Armstrong World Industries Inc shares valued at $47,862 were divested by the SVP Human Resources at a price of $131.49 per share. As a result of the transaction, Kirchner-King Dawn M. now holds 0 shares, worth roughly $0.0.
UBS upgraded its Armstrong World Industries Inc [AWI] rating to a Neutral from a a Sell in a research note published on January 04, 2024; the price target was increased to $103 from $75. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in late March from “a Buy” to “a Hold”. Evercore ISI also remained covering AWI and has increased its forecast on January 13, 2023 with a “an In-line” recommendation from previously “an Underperform” rating. Loop Capital revised its rating on January 05, 2023. It rated AWI as “a Hold” which previously was an “a Buy”.
Price Performance Review of AWI
On Tuesday, Armstrong World Industries Inc [NYSE:AWI] saw its stock jump 4.61% to $145.32. Over the last five days, the stock has gained 9.68%. Armstrong World Industries Inc shares have risen nearly 2.82% since the year began. Nevertheless, the stocks have risen 25.54% over the past one year. While a 52-week high of $164.40 was reached on 02/25/25, a 52-week low of $110.68 was recorded on 04/07/25. SMA at 50 days reached $141.73, while 200 days put it at $139.75.
Levels Of Support And Resistance For AWI Stock
The 24-hour chart illustrates a support level at 139.97, which if violated will result in even more drops to 134.61. On the upside, there is a resistance level at 148.16. A further resistance level may holdings at 150.99. The Relative Strength Index (RSI) on the 14-day chart is 61.16, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.26, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.43%. Stochastics %K at 94.78% indicates the stock is a selling.
How much short interest is there in Armstrong World Industries Inc?
A steep rise in short interest was recorded in Armstrong World Industries Inc stocks on 2025-04-15, growing by 0.54 million shares to a total of 1.17 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 0.63 million shares. There was a rise of 46.37%, which implies that there is a positive sentiment for the stock.
