American Tower Corp’s recently made public that its EVP & President, Asia-Pacific Goel Sanjay unloaded Company’s shares for reported $0.86 million on Mar 17 ’25. In the deal valued at $215.92 per share,4,000 shares were sold. As a result of this transaction, Goel Sanjay now holds 25,408 shares worth roughly $5.44 million.
Then, Goel Sanjay bought 4,000 shares, generating $863,680 in total proceeds.
Before that, Meyer Robert Joseph JR sold 2,939 shares. American Tower Corp shares valued at $594,207 were divested by the SVP & Chief Accounting Officer at a price of $202.18 per share. As a result of the transaction, Meyer Robert Joseph JR now holds 26,210 shares, worth roughly $5.61 million.
Wells Fargo also remained covering AMT and has increased its forecast on March 17, 2025 with a “an Overweight” recommendation from previously “an Equal weight” rating. JMP Securities started covering the stock on January 27, 2025. It rated AMT as “a Mkt outperform”.
Price Performance Review of AMT
On Monday, American Tower Corp [NYSE:AMT] saw its stock fall -0.25% to $214.11. Over the last five days, the stock has gained 1.06%. American Tower Corp shares have risen nearly 16.74% since the year began. Nevertheless, the stocks have risen 15.54% over the past one year. While a 52-week high of $243.56 was reached on 04/04/25, a 52-week low of $172.51 was recorded on 01/10/25. SMA at 50 days reached $215.31, while 200 days put it at $209.54.
Levels Of Support And Resistance For AMT Stock
The 24-hour chart illustrates a support level at 211.86, which if violated will result in even more drops to 209.61. On the upside, there is a resistance level at 215.40. A further resistance level may holdings at 216.68. The Relative Strength Index (RSI) on the 14-day chart is 50.05, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.12, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 15.76%. Stochastics %K at 77.38% indicates the stock is a holding.
