ABM Industries Inc (ABM) may enjoy gains as insiders got busy in the recent days

ABM Industries Inc’s filing revealed that its EVP & Chief Operating Officer JACOBSEN RENE unloaded Company’s shares for reported $0.83 million on Jul 07 ’25. In the deal valued at $48.03 per share,17,250 shares were sold. As a result of this transaction, JACOBSEN RENE now holds 71,256 shares worth roughly $3.47 million.

Then, JACOBSEN RENE bought 17,250 shares, generating $828,571 in total proceeds.

Before that, Gartland Thomas M sold 3,711 shares. ABM Industries Inc shares valued at $168,906 were divested by the Director at a price of $45.52 per share. As a result of the transaction, Gartland Thomas M now holds 30,958 shares, worth roughly $1.51 million.

Truist upgraded its ABM Industries Inc [ABM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early June from “a Neutral” to “a Buy”. Robert W. Baird also remained covering ABM and has increased its forecast on June 09, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Truist started covering the stock on November 13, 2023. It rated ABM as “a Hold”.

Price Performance Review of ABM

On Friday, ABM Industries Inc [NYSE:ABM] saw its stock fall -0.73% to $48.72. Over the last five days, the stock has gained 1.65%. ABM Industries Inc shares have fallen nearly -0.51% since the year began. Nevertheless, the stocks have fallen -4.81% over the past one year. While a 52-week high of $59.78 was reached on 03/07/25, a 52-week low of $40.85 was recorded on 04/09/25.

Levels Of Support And Resistance For ABM Stock

The 24-hour chart illustrates a support level at 48.37, which if violated will result in even more drops to 48.01. On the upside, there is a resistance level at 49.12. A further resistance level may holdings at 49.51.

How much short interest is there in ABM Industries Inc?

A steep rise in short interest was recorded in ABM Industries Inc stocks on 2025-06-13, growing by 0.29 million shares to a total of 1.97 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 1.68 million shares. There was a rise of 14.9%, which implies that there is a positive sentiment for the stock.

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