Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. AMBAC Financial Group Inc shares valued at $96,900 were purchased by Stein Jeffrey Scott on May 14 ’25. At $6.46 per share, Stein Jeffrey Scott acquired 15,000 shares. The insider’s holdings grew to 50,000 shares worth approximately $0.38 million following the completion of this transaction.
Also, PRICE MICHAEL D purchased 76,986 shares, netting a total of over 499,642 in proceeds. Following the buying of shares at $6.49 each, the insider now holds 166,298 shares.
Before that, LeBlanc Claude had added 40,000 shares to its account. In a trade valued at $260,000, the Chief Executive Officer bought AMBAC Financial Group Inc shares for $6.50 each. Upon closing the transaction, the insider’s holdings increased to 40,000 shares, worth approximately $4.37 million.
As published in a research note from ROTH MKM on September 18, 2024, AMBAC Financial Group Inc [AMBC] has been rated up from a Neutral to a Buy and the price target has been revised to $15 from $13. Analysts at Compass Point upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of November 28, 2022, Compass Point has initiated its “Neutral” rating for AMBC. Earlier on May 12, 2017, MKM Partners upgraded its rating. Their new recommendation was “a Neutral” for AMBC stock which previously was a “a Sell”.
Analyzing AMBC Stock Performance
During the last five days, there has been a drop of approximately -3.70%. Over the course of the year, AMBAC Financial Group Inc shares have dropped approximately -40.32%. Shares of the company reached a 52-week high of $12.84 on 01/02/25 and a 52-week low of $5.99 on 05/13/25.
Support And Resistance Levels for AMBAC Financial Group Inc (AMBC)
According to the 24-hour chart, there is a support level at 7.39, which, if violated, would cause prices to drop to 7.24. In the upper region, resistance lies at 7.80. The next price resistance is at 8.06. RSI (Relative Strength Index) is 45.19 on the 14-day chart, showing neutral technical sentiment.
