The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Ashland Inc shares valued at $2,010,327 were purchased by NOVO GUILLERMO on Jan 31 ’25. At $64.24 per share, NOVO GUILLERMO acquired 31,294 shares. The insider’s holdings grew to 31,294 shares worth approximately $1.67 million following the completion of this transaction.
Also, Assis Alessandra Faccin purchased 3,150 shares, netting a total of over 201,600 in proceeds. Following the buying of shares at $64.00 each, the insider now holds 3,150 shares.
Before that, BONI ERIC N had sold 451 shares from its account. In a trade valued at $35,210, the VP, Finance & Prinpl Acctg Off traded Ashland Inc shares for $78.07 each. Upon closing the transaction, the insider’s holdings decreased to 451 shares, worth approximately $0.76 million.
As published in a research note from Wells Fargo on May 01, 2025, Ashland Inc [ASH] has been rated down from an Overweight to an Equal weight. Analysts at JP Morgan upgraded the stock from ‘”a Neutral”‘ to ‘”an Overweight”‘ outlook in a report released in late March. As of March 05, 2025, Seaport Research Partners has decreased its “Buy” rating to a “Neutral” for ASH. Earlier on August 08, 2024, JP Morgan upgraded its rating. Their new recommendation was “a Neutral” for ASH stock which previously was a “an Underweight”.
Analyzing ASH Stock Performance
During the last five days, there has been a surge of approximately 6.95%. Over the course of the year, Ashland Inc shares have dropped approximately -25.44%. Shares of the company reached a 52-week high of $73.31 on 01/21/25 and a 52-week low of $45.21 on 04/09/25.
Support And Resistance Levels for Ashland Inc (ASH)
According to the 24-hour chart, there is a support level at 52.48, which, if violated, would cause prices to drop to 51.69. In the upper region, resistance lies at 53.85. The next price resistance is at 54.42. RSI (Relative Strength Index) is 58.83 on the 14-day chart, showing neutral technical sentiment.
