Agree Realty Corp’s filing revealed that its Director RAKOLTA JOHN JR acquired Company’s shares for reported $0.74 million on Jun 11 ’25. In the deal valued at $74.34 per share,10,000 shares were bought. As a result of this transaction, RAKOLTA JOHN JR now holds 521,233 shares worth roughly $38.86 million.
Then, RAKOLTA JOHN JR bought 28,080 shares, generating $2,002,104 in total proceeds. Upon buying the shares at $71.30, the Director now owns 507,810 shares.
Before that, RAKOLTA JOHN JR bought 20,275 shares. Agree Realty Corp shares valued at $1,425,941 were divested by the Director at a price of $70.33 per share. As a result of the transaction, RAKOLTA JOHN JR now holds 462,196 shares, worth roughly $34.46 million.
BTIG Research downgraded its Agree Realty Corp [ADC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Barclays’s analysts, who increased its forecast for the stock in early March from “an Underweight” to “an Equal weight”. Barclays began covering ADC with “an Underweight” recommendation on December 17, 2024. JMP Securities revised its rating on December 17, 2024. It rated ADC as “a Mkt perform” which previously was an “a Mkt outperform”.
Price Performance Review of ADC
On Friday, Agree Realty Corp [NYSE:ADC] saw its stock fall -0.33% to $74.55. Over the last five days, the stock has gained 0.74%. Agree Realty Corp shares have risen nearly 5.82% since the year began. Nevertheless, the stocks have risen 23.88% over the past one year. While a 52-week high of $79.65 was reached on 04/22/25, a 52-week low of $60.18 was recorded on 01/10/25.
Levels Of Support And Resistance For ADC Stock
The 24-hour chart illustrates a support level at 74.04, which if violated will result in even more drops to 73.52. On the upside, there is a resistance level at 75.06. A further resistance level may holdings at 75.56.
How much short interest is there in Agree Realty Corp?
A steep rise in short interest was recorded in Agree Realty Corp stocks on 2025-05-30, dropping by -0.11 million shares to a total of 11.73 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 11.85 million shares. There was a decline of -0.97%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on December 12, 2024 when Evercore ISI began covering the stock and recommended ‘”an Outperform”‘ rating along with a $82 price target.
