Applied Industrial Technologies Inc’s recent filing unveils that its VP-Sales & Marketing-USSC Vasquez Jason W unloaded Company’s shares for reported $1.11 million on Feb 25 ’25. In the deal valued at $248.10 per share,4,475 shares were sold. As a result of this transaction, Vasquez Jason W now holds 21,697 shares worth roughly $4.89 million.
Then, Vasquez Jason W bought 4,475 shares, generating $1,110,260 in total proceeds.
Before that, Schrimsher Neil A sold 10,680 shares. Applied Industrial Technologies Inc shares valued at $2,874,842 were divested by the President and CEO at a price of $269.18 per share. As a result of the transaction, Schrimsher Neil A now holds 173,606 shares, worth roughly $39.09 million.
BofA Securities upgraded its Applied Industrial Technologies Inc [AIT] rating to a Buy from a a Neutral in a research note published on November 26, 2024; the price target was increased to $315 from $285. A number of analysts have revised their coverage, including Mizuho’s analysts, who began to cover the stock in late October with a ‘”an Outperform”‘ rating. BofA Securities began covering AIT with “Neutral” recommendation on October 07, 2024. Raymond James started covering the stock on September 04, 2024. It rated AIT as “an Outperform”.
Price Performance Review of AIT
On Tuesday, Applied Industrial Technologies Inc [NYSE:AIT] saw its stock fall -2.12% to $225.18. Over the last five days, the stock has lost -3.65%. Applied Industrial Technologies Inc shares have fallen nearly -5.97% since the year began. Nevertheless, the stocks have risen 18.22% over the past one year. While a 52-week high of $282.98 was reached on 02/18/25, a 52-week low of $182.21 was recorded on 04/07/25.
Levels Of Support And Resistance For AIT Stock
The 24-hour chart illustrates a support level at 222.93, which if violated will result in even more drops to 220.67. On the upside, there is a resistance level at 229.57. A further resistance level may holdings at 233.95.
The most recent change occurred on July 01, 2024 when Northcoast began covering the stock and recommended ‘”a Neutral”‘ rating .
