Adient plc’s filing revealed that its EVP, Americas Conklin James unloaded Company’s shares for reported $0.23 million on Dec 04 ’24. In the deal valued at $20.25 per share,11,500 shares were sold. As a result of this transaction, Conklin James now holds 51,829 shares worth roughly $0.67 million.
Then, JAMES D CONKLIN bought 11,500 shares, generating $232,831 in total proceeds.
Before that, Smith Gregory Scott sold 1,000 shares. Adient plc shares valued at $29,470 were divested by the SVP & Chief Accounting Officer at a price of $29.47 per share. As a result of the transaction, Smith Gregory Scott now holds 15,399 shares, worth roughly $0.2 million.
Citigroup initiated its Adient plc [ADNT] rating to a Neutral in a research note published on April 23, 2025; the price target was $14. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early March from “a Neutral” to “an Underperform”. Wells Fargo also remained covering ADNT and has decreased its forecast on December 16, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. BofA Securities revised its rating on November 21, 2024. It rated ADNT as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ADNT
On Tuesday, Adient plc [NYSE:ADNT] saw its stock jump 3.03% to $12.92. Over the last five days, the stock has gained 7.58%. Adient plc shares have fallen nearly -25.01% since the year began. Nevertheless, the stocks have fallen -56.07% over the past one year. While a 52-week high of $31.19 was reached on 01/28/25, a 52-week low of $10.04 was recorded on 04/11/25. SMA at 50 days reached $13.66, while 200 days put it at $18.74.
Levels Of Support And Resistance For ADNT Stock
The 24-hour chart illustrates a support level at 12.61, which if violated will result in even more drops to 12.29. On the upside, there is a resistance level at 13.10. A further resistance level may holdings at 13.28. The Relative Strength Index (RSI) on the 14-day chart is 54.13, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.99, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 1.54%. Stochastics %K at 91.77% indicates the stock is a selling.
How much short interest is there in Adient plc?
A steep rise in short interest was recorded in Adient plc stocks on 2025-04-15, dropping by -1.51 million shares to a total of 4.22 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 5.73 million shares. There was a decline of -35.78%, which implies that there is a negative sentiment for the stock.
