Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Archrock Inc shares valued at $219,262 were sold by Henderson Donna A on Mar 21 ’25. At $26.36 per share, Henderson Donna A sold 8,318 shares. The insider’s holdings dropped to 36,024 shares worth approximately $0.85 million following the completion of this transaction.
Also, Donna A. Henderson purchased 8,318 shares, netting a total of over 219,262 in proceeds.
As published in their initiating research note from Mizuho on October 02, 2024, Archrock Inc [AROC] has been an Outperform and the price target has been revised to $24. Analysts at Citigroup started covering the stock with ‘”a Buy”‘ outlook in a report released in late September. As of September 25, 2024, Evercore ISI has initiated its “an Outperform” rating for AROC. Earlier on September 06, 2024, JP Morgan initiated its rating. Their recommendation was “an Overweight” for AROC stock.
Analyzing AROC Stock Performance
During the last five days, there has been a surge of approximately 1.29%. Over the course of the year, Archrock Inc shares have dropped approximately -5.46%. Shares of the company reached a 52-week high of $30.44 on 01/21/25 and a 52-week low of $20.12 on 04/07/25. A 50-day SMA is recorded $24.92, while a 200-day SMA reached $23.53.
Support And Resistance Levels for Archrock Inc (AROC)
According to the 24-hour chart, there is a support level at 23.03, which, if violated, would cause prices to drop to 22.52. In the upper region, resistance lies at 24.08. The next price resistance is at 24.62. RSI (Relative Strength Index) is 46.02 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.61, which suggests the price will decrease in the coming days. Percent R is at 40.58%, indicating low price movement. Stochastics %K at selling indicates that the stock is to be held.
