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AKR (Acadia Realty Trust) may reap gains as insiders became active recently

Acadia Realty Trust’s recent filing unveils that its Sr. VP NAPOLITANO JOSEPH unloaded Company’s shares for reported $1.04 million on Mar 10 ’25. In the deal valued at $22.39 per share,46,567 shares were sold. As a result of this transaction, NAPOLITANO JOSEPH now holds 118 shares worth roughly $2394.22.

Then, NAPOLITANO JOSEPH bought 46,567 shares, generating $1,042,169 in total proceeds.

Before that, Blacksberg Jason sold 30,000 shares. Acadia Realty Trust shares valued at $684,300 were divested by the EVP and Chief Legal Officer at a price of $22.81 per share. As a result of the transaction, Blacksberg Jason now holds 0 shares, worth roughly $0.0.

Truist upgraded its Acadia Realty Trust [AKR] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Compass Point’s analysts, who increased its forecast for the stock in early October from “a Neutral” to “a Buy”. JP Morgan also remained covering AKR and has increased its forecast on June 26, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. BofA Securities revised its rating on April 05, 2024. It rated AKR as “a Buy” which previously was an “a Neutral”.

Price Performance Review of AKR

On Friday, Acadia Realty Trust [NYSE:AKR] saw its stock jump 0.95% to $20.29. Over the last five days, the stock has gained 3.52%. Acadia Realty Trust shares have fallen nearly -16.02% since the year began. Nevertheless, the stocks have risen 17.22% over the past one year. While a 52-week high of $26.29 was reached on 02/14/25, a 52-week low of $16.14 was recorded on 04/09/25. SMA at 50 days reached $20.16, while 200 days put it at $22.63.

Levels Of Support And Resistance For AKR Stock

The 24-hour chart illustrates a support level at 20.10, which if violated will result in even more drops to 19.91. On the upside, there is a resistance level at 20.39. A further resistance level may holdings at 20.49. The Relative Strength Index (RSI) on the 14-day chart is 54.96, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.36, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 25.73%. Stochastics %K at 65.24% indicates the stock is a holding.

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