In a filing, Agree Realty Corp revealed its Director RAKOLTA JOHN JR acquired Company’s shares for reported $0.74 million on Jun 11 ’25. In the deal valued at $74.34 per share,10,000 shares were bought. As a result of this transaction, RAKOLTA JOHN JR now holds 521,233 shares worth roughly $37.76 million.
Then, RAKOLTA JOHN JR bought 28,080 shares, generating $2,002,104 in total proceeds. Upon buying the shares at $71.30, the Director now owns 507,810 shares.
Before that, RAKOLTA JOHN JR bought 20,275 shares. Agree Realty Corp shares valued at $1,425,941 were divested by the Director at a price of $70.33 per share. As a result of the transaction, RAKOLTA JOHN JR now holds 462,196 shares, worth roughly $33.48 million.
Morgan Stanley downgraded its Agree Realty Corp [ADC] rating to an Equal-weight from a an Overweight in a research note published recently. A number of analysts have revised their coverage, including BTIG Research’s analysts, who decreased its forecast for the stock in early May from “a Buy” to “a Neutral”. Barclays also remained covering ADC and has increased its forecast on March 04, 2025 with a “an Equal weight” recommendation from previously “an Underweight” rating. Barclays started covering the stock on December 17, 2024. It rated ADC as “an Underweight”.
Price Performance Review of ADC
On Monday, Agree Realty Corp [NYSE:ADC] saw its stock jump 1.14% to $72.44. Over the last five days, the stock has gained 0.67%. Agree Realty Corp shares have risen nearly 16.71% since the year began. Nevertheless, the stocks have risen 2.82% over the past one year. While a 52-week high of $79.65 was reached on 04/22/25, a 52-week low of $63.87 was recorded on 01/10/25.
Levels Of Support And Resistance For ADC Stock
The 24-hour chart illustrates a support level at 71.85, which if violated will result in even more drops to 71.25. On the upside, there is a resistance level at 72.84. A further resistance level may holdings at 73.23.
How much short interest is there in Agree Realty Corp?
A steep rise in short interest was recorded in Agree Realty Corp stocks on 2025-06-13, dropping by -0.24 million shares to a total of 11.44 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 11.67 million shares. There was a decline of -2.07%, which implies that there is a negative sentiment for the stock.
