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. ABM Industries Inc shares valued at $1,941,209 were sold by SALMIRS SCOTT B on May 15 ’25. At $52.37 per share, SALMIRS SCOTT B sold 37,065 shares. The insider’s holdings dropped to 369,656 shares worth approximately $17.12 million following the completion of this transaction.
Also, SALMIRS SCOTT B purchased 37,065 shares, netting a total of over 1,941,211 in proceeds.
Before that, SALMIRS SCOTT B had sold 12,135 shares from its account. In a trade valued at $631,760, the President and CEO traded ABM Industries Inc shares for $52.06 each. Upon closing the transaction, the insider’s holdings decreased to 12,135 shares, worth approximately $18.84 million.
As published in a research note from UBS on June 09, 2025, ABM Industries Inc [ABM] has been rated up from a Neutral to a Buy and the price target has been revised to $54. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early June. As of November 13, 2023, Truist has initiated its “Hold” rating for ABM. Earlier on September 08, 2023, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for ABM stock which previously was a “a Buy”.
Analyzing ABM Stock Performance
During the last five days, there has been a drop of approximately -9.64%. Over the course of the year, ABM Industries Inc shares have dropped approximately -9.50%. Shares of the company reached a 52-week high of $54.90 on 03/07/25 and a 52-week low of $40.85 on 04/09/25.
Support And Resistance Levels for ABM Industries Inc (ABM)
According to the 24-hour chart, there is a support level at 45.96, which, if violated, would cause prices to drop to 45.61. In the upper region, resistance lies at 46.71. The next price resistance is at 47.11. RSI (Relative Strength Index) is 33.91 on the 14-day chart, showing neutral technical sentiment.
