Apple Hospitality REIT Inc’s recent filing unveils that 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 $1.57 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 $2.68 million.
BMO Capital Markets downgraded its Apple Hospitality REIT Inc [APLE] rating to a Market perform from a an Outperform in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. BMO Capital Markets began covering APLE with “an Outperform” recommendation on December 09, 2024. Wedbush started covering the stock on June 03, 2024. It rated APLE as “a Neutral”.
Price Performance Review of APLE
On Friday, Apple Hospitality REIT Inc [NYSE:APLE] saw its stock fall -1.64% to $11.41. Over the last five days, the stock has lost -3.06%. Apple Hospitality REIT Inc shares have fallen nearly -25.67% since the year began. Nevertheless, the stocks have fallen -20.06% 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.
Levels Of Support And Resistance For APLE Stock
The 24-hour chart illustrates a support level at 11.32, which if violated will result in even more drops to 11.22. On the upside, there is a resistance level at 11.55. A further resistance level may holdings at 11.68.
How much short interest is there in Apple Hospitality REIT Inc?
A steep rise in short interest was recorded in Apple Hospitality REIT Inc stocks on 2025-05-30, growing by 4.58 million shares to a total of 16.77 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 12.18 million shares. There was a rise of 27.34%, which implies that there is a positive sentiment for the stock.
