Archer Daniels Midland Co’s recent filing unveils that its Officer Strader Fruit Molly L acquired Company’s shares for reported $0.28 million on May 07 ’25. In the deal valued at $47.86 per share,5,880 shares were bought.
Then, LUCIANO JUAN R sold 170,194 shares, generating $10,298,813 in total proceeds. Upon selling the shares at $60.51, the President & CEO now owns 265,210 shares.
Before that, LUCIANO JUAN R sold 45,471 shares. Archer Daniels Midland Co shares valued at $2,773,917 were divested by the President & CEO at a price of $61.00 per share. As a result of the transaction, LUCIANO JUAN R now holds 265,210 shares, worth roughly $12.87 million.
BofA Securities downgraded its Archer Daniels Midland Co [ADM] rating to an Underperform from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid April from “an Underperform” to “a Neutral”. BofA Securities also remained covering ADM and has decreased its forecast on January 14, 2025 with a “an Underperform” recommendation from previously “Neutral” rating.
Price Performance Review of ADM
On Friday, Archer Daniels Midland Co [NYSE:ADM] saw its stock jump 1.74% to $48.53. Over the last five days, the stock has gained 1.42%. Archer Daniels Midland Co shares have fallen nearly -3.94% since the year began. Nevertheless, the stocks have fallen -21.20% over the past one year. While a 52-week high of $66.08 was reached on 01/13/25, a 52-week low of $40.98 was recorded on 04/09/25. SMA at 50 days reached $47.12, while 200 days put it at $52.82.
Levels Of Support And Resistance For ADM Stock
The 24-hour chart illustrates a support level at 47.75, which if violated will result in even more drops to 46.96. On the upside, there is a resistance level at 48.97. A further resistance level may holdings at 49.41. The Relative Strength Index (RSI) on the 14-day chart is 57.24, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 47.04%. Stochastics %K at 39.52% indicates the stock is a holding.
The most recent change occurred on February 01, 2024 when Citigroup began covering the stock and recommended ‘”a Neutral”‘ rating along with a $57 price target.
