Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Altice USA Inc shares valued at $19,728,135 were sold by Next Alt S.a.r.l. on Dec 24 ’24. At $24.50 per share, Next Alt S.a.r.l. sold 805,230 shares. The insider’s holdings dropped to 5,846,652 shares worth approximately $12.57 million following the completion of this transaction.
Also, Next Alt S.a.r.l. sold 805,230 shares, netting a total of over 19,728,135 in proceeds. Following the sale of shares at $24.50 each, the insider now holds 6,651,882 shares.
Before that, Next Alt S.a.r.l. had sold 805,230 shares from its account. In a trade valued at $19,728,135, the Director traded Altice USA Inc shares for $24.50 each. Upon closing the transaction, the insider’s holdings decreased to 805,230 shares, worth approximately $16.03 million.
As published in a research note from Raymond James on February 18, 2025, Altice USA Inc [ATUS] has been rated up from a Mkt perform to an Outperform and the price target has been revised to $3.50. Analysts at UBS downgraded the stock from ‘”a Buy”‘ to ‘”a Neutral”‘ outlook in a report released in early August. As of July 01, 2024, Goldman has initiated its “Sell” rating for ATUS.
Analyzing ATUS Stock Performance
On last trading session,, Altice USA Inc [NYSE: ATUS] plunged -2.71% to $2.15. The stock’s lowest price that day was $2.14, but it reached a high of $2.215 in the same session. During the last five days, there has been a surge of approximately 0.47%. Over the course of the year, Altice USA Inc shares have dropped approximately -10.79%.
Support And Resistance Levels for Altice USA Inc (ATUS)
RSI (Relative Strength Index) is 40.80 on the 14-day chart, showing neutral technical sentiment.
Is Altice USA Inc subject to short interest?
Stocks of Altice USA Inc saw a sharp rise in short interest on 2025-05-30 jumping by 0.82 million shares to 22.45 million. Data from Yahoo Finance shows that the short interest on 2025-04-30 was 21.63 million shares. A jump of 3.67% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 5.29 of the overall float, the days-to-cover ratio (short ratio) jumped to 5.29.
Which companies own the most shares of Altice USA Inc (ATUS)?
In terms of Altice USA Inc share price expectations, FactSet research, analysts set an average price target of 13 in the next 12 months, up nearly 488.24% from the previous closing price of $2.21. Analysts anticipate Altice USA Inc stock to reach 43 by 2025, with the lowest price target being 1. In spite of this, 18 analysts ranked Altice USA Inc stock as Buy at the end of 2025.
