The Potential Rise in the Price of Apple Hospitality REIT Inc (APLE) following insiders activity

In a filing, Apple Hospitality REIT Inc revealed its Director Hugh Redd acquired Company’s shares for reported $11575.0 on Jun 04 ’25. In the deal valued at $11.57 per share,1,000 shares were bought. As a result of this transaction, Hugh Redd now holds 137,254 shares worth roughly $1.62 million.

Then, Perkins Elizabeth bought 2,100 shares, generating $24,612 in total proceeds. Upon buying the shares at $11.72, the SVP & Chief Financial Officer now owns 362,644 shares.

Before that, Labrecque Rachel bought 1,000 shares. Apple Hospitality REIT Inc shares valued at $11,450 were divested by the SVP & Chief Accounting Officer at a price of $11.45 per share. As a result of the transaction, Labrecque Rachel now holds 234,933 shares, worth roughly $2.77 million.

BofA Securities upgraded its Apple Hospitality REIT Inc [APLE] rating to a Buy from a a Neutral in a research note published on January 27, 2025; the price target was increased to $17 from $16. A number of analysts have revised their coverage, including BMO Capital Markets’s analysts, who began to cover the stock in early December with a ‘”an Outperform”‘ rating. Wedbush began covering APLE with “Neutral” recommendation on June 03, 2024. BofA Securities revised its rating on January 08, 2024. It rated APLE as “a Neutral” which previously was an “a Buy”.

Price Performance Review of APLE

On Friday, Apple Hospitality REIT Inc [NYSE:APLE] saw its stock jump 1.73% to $11.77. Over the last five days, the stock has gained 1.55%. Apple Hospitality REIT Inc shares have fallen nearly -23.32% since the year began. Nevertheless, the stocks have fallen -18.28% over the past one year. While a 52-week high of $16.45 was reached on 01/28/25, a 52-week low of $10.44 was recorded on 04/09/25. SMA at 50 days reached $11.82, while 200 days put it at $14.20.

Levels Of Support And Resistance For APLE Stock

The 24-hour chart illustrates a support level at 11.69, which if violated will result in even more drops to 11.61. On the upside, there is a resistance level at 11.82. A further resistance level may holdings at 11.86. The Relative Strength Index (RSI) on the 14-day chart is 49.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.07, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 38.10%. Stochastics %K at 39.08% indicates the stock is a holding.

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