Short interest on ABM sees a significant increase on 2025-06-13

NUE

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. ABM Industries Inc shares valued at $168,906 were sold by Gartland Thomas M on Jun 13 ’25. At $45.52 per share, Gartland Thomas M sold 3,711 shares. The insider’s holdings dropped to 30,958 shares worth approximately $1.42 million following the completion of this transaction.

Also, Gartland Thomas M purchased 3,711 shares, netting a total of over 168,906 in proceeds.

Before that, SALMIRS SCOTT B had sold 37,065 shares from its account. In a trade valued at $1,941,209, the President and CEO traded ABM Industries Inc shares for $52.37 each. Upon closing the transaction, the insider’s holdings decreased to 37,065 shares, worth approximately $16.92 million.

As published in a research note from UBS on June 09, 2025, ABM Industries Inc [ABM] has been rated up from a Neutral to a Buy and the price target has been revised to $54. Analysts at Robert W. Baird upgraded the stock from ‘”a Neutral”‘ to ‘”an Outperform”‘ outlook in a report released in early June. As of November 13, 2023, Truist has initiated its “Hold” rating for ABM. Earlier on September 08, 2023, Deutsche Bank downgraded its rating. Their new recommendation was “a Hold” for ABM stock which previously was a “a Buy”.

Analyzing ABM Stock Performance

On last trading session,, ABM Industries Inc [NYSE: ABM] rose 2.97% to $45.77. The stock’s lowest price that day was $44.48, but it reached a high of $45.798 in the same session. During the last five days, there has been a surge of approximately 4.00%. Over the course of the year, ABM Industries Inc shares have dropped approximately -10.73%. Shares of the company reached a 52-week high of $54.90 on 03/07/25 and a 52-week low of $40.85 on 04/09/25.

Support And Resistance Levels for ABM Industries Inc (ABM)

According to the 24-hour chart, there is a support level at 44.89, which, if violated, would cause prices to drop to 44.00. In the upper region, resistance lies at 46.23. The next price resistance is at 46.68. RSI (Relative Strength Index) is 42.39 on the 14-day chart, showing neutral technical sentiment.

Is ABM Industries Inc subject to short interest?

Stocks of ABM Industries Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.29 million shares to 1.97 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.68 million shares. A jump of 14.9% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.47 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.47.

Which companies own the most shares of ABM Industries Inc (ABM)?

In terms of ABM Industries Inc share price expectations, FactSet research, analysts set an average price target of 47 in the next 12 months, up nearly 5.74% from the previous closing price of $44.45. Analysts anticipate ABM Industries Inc stock to reach 49 by 2025, with the lowest price target being 45. In spite of this, 4 analysts ranked ABM Industries Inc stock as Buy at the end of 2025.

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