Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Applied Industrial Technologies Inc shares valued at $1,110,260 were sold by Vasquez Jason W on Feb 25 ’25. At $248.10 per share, Vasquez Jason W sold 4,475 shares. The insider’s holdings dropped to 21,697 shares worth approximately $5.04 million following the completion of this transaction.
Also, Vasquez Jason W purchased 4,475 shares, netting a total of over 1,110,260 in proceeds.
Before that, Schrimsher Neil A had sold 10,680 shares from its account. In a trade valued at $2,874,842, the President and CEO traded Applied Industrial Technologies Inc shares for $269.18 each. Upon closing the transaction, the insider’s holdings decreased to 10,680 shares, worth approximately $40.31 million.
As published in a research note from BofA Securities on November 26, 2024, Applied Industrial Technologies Inc [AIT] has been rated up from a Neutral to a Buy and the price target has been revised to $315 from $285. Analysts at Mizuho started covering the stock with ‘”an Outperform”‘ outlook in a report released in late October. As of October 07, 2024, BofA Securities has initiated its “Neutral” rating for AIT. Earlier on September 04, 2024, Raymond James initiated its rating. Their recommendation was “an Outperform” for AIT stock.
Analyzing AIT Stock Performance
On last trading session,, Applied Industrial Technologies Inc [NYSE: AIT] rose 3.39% to $232.21. The stock’s lowest price that day was $224.66, but it reached a high of $232.26 in the same session. During the last five days, there has been a surge of approximately 2.67%. Over the course of the year, Applied Industrial Technologies Inc shares have jumped approximately 21.79%. Shares of the company reached a 52-week high of $269.69 on 02/18/25 and a 52-week low of $199.96 on 04/07/25.
Support And Resistance Levels for Applied Industrial Technologies Inc (AIT)
According to the 24-hour chart, there is a support level at 227.16, which, if violated, would cause prices to drop to 222.11. In the upper region, resistance lies at 234.76. The next price resistance is at 237.31. RSI (Relative Strength Index) is 53.16 on the 14-day chart, showing neutral technical sentiment.
Is Applied Industrial Technologies Inc subject to short interest?
Stocks of Applied Industrial Technologies Inc saw a sharp steep in short interest on 2025-06-13 dropping by -0.13 million shares to 1.08 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.21 million shares. A decline of -11.94% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 3.4 of the overall float, the days-to-cover ratio (short ratio) decline to 3.4.
Which companies own the most shares of Applied Industrial Technologies Inc (AIT)?
In terms of Applied Industrial Technologies Inc share price expectations, FactSet research, analysts set an average price target of 235 in the next 12 months, up nearly 4.63% from the previous closing price of $224.6. Analysts anticipate Applied Industrial Technologies Inc stock to reach 285 by 2025, with the lowest price target being 210. In spite of this, 4 analysts ranked Applied Industrial Technologies Inc stock as Buy at the end of 2025.
