Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. American Homes 4 Rent shares valued at $109,518 were purchased by CORRIGAN JACK E on Mar 03 ’25. At $23.30 per share, CORRIGAN JACK E acquired 4,700 shares. The insider’s holdings grew to 11,000 shares worth approximately $0.41 million following the completion of this transaction.
Also, CORRIGAN JACK E purchased 2,300 shares, netting a total of over 53,498 in proceeds. Following the buying of shares at $23.26 each, the insider now holds 8,300 shares.
Before that, CORRIGAN JACK E had sold 10,000 shares from its account. In a trade valued at $360,681, the Director traded American Homes 4 Rent shares for $36.07 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $3.66 million.
As published in a research note from Morgan Stanley on January 24, 2025, American Homes 4 Rent [AMH] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $40 from $39. Analysts at Scotiabank downgraded the stock from ‘”a Sector outperform”‘ to ‘”a Sector perform”‘ outlook in a report released in late January. As of January 21, 2025, Deutsche Bank has decreased its “Buy” rating to a “Hold” for AMH. Earlier on December 17, 2024, Barclays initiated its rating. Their recommendation was “an Equal weight” for AMH stock.
Analyzing AMH Stock Performance
During the last five days, there has been a surge of approximately 1.08%. Over the course of the year, American Homes 4 Rent shares have dropped approximately -0.08%. Shares of the company reached a 52-week high of $38.06 on 03/31/25 and a 52-week low of $31.68 on 04/09/25. A 50-day SMA is recorded $36.20, while a 200-day SMA reached $37.03.
Support And Resistance Levels for American Homes 4 Rent (AMH)
According to the 24-hour chart, there is a support level at 36.50, which, if violated, would cause prices to drop to 35.60. In the upper region, resistance lies at 37.86. The next price resistance is at 38.32. RSI (Relative Strength Index) is 56.77 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.63, which suggests the price will decrease in the coming days. Percent R is at 13.19%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
