American Electric Power Company Inc’s filing revealed that its Executive Vice President Feinberg David Matthew unloaded Company’s shares for reported $0.83 million on Jun 03 ’25. In the deal valued at $102.94 per share,8,057 shares were sold. As a result of this transaction, Feinberg David Matthew now holds 26,298 shares worth roughly $2.67 million.
Then, Feinberg David Matthew bought 8,057 shares, generating $829,388 in total proceeds.
Before that, Lies Quinton S sold 10,141 shares. American Electric Power Company Inc shares valued at $1,041,278 were divested by the Executive Vice President at a price of $102.68 per share. As a result of the transaction, Lies Quinton S now holds 9,658 shares, worth roughly $0.98 million.
Guggenheim upgraded its American Electric Power Company Inc [AEP] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including BofA Securities’s analysts, who increased its forecast for the stock in mid January from “an Underperform” to “a Buy”. Scotiabank also remained covering AEP and has decreased its forecast on December 12, 2024 with a “Sector perform” recommendation from previously “Sector outperform” rating. JP Morgan revised its rating on December 12, 2024. It rated AEP as “a Neutral” which previously was an “an Overweight”.
Price Performance Review of AEP
On Monday, American Electric Power Company Inc [NASDAQ:AEP] saw its stock fall -0.37% to $101.41. Over the last five days, the stock has lost -1.72%. American Electric Power Company Inc shares have risen nearly 9.95% since the year began. Nevertheless, the stocks have risen 14.01% over the past one year. SMA at 50 days reached $104.67, while 200 days put it at $100.66.
Levels Of Support And Resistance For AEP Stock
The Relative Strength Index (RSI) on the 14-day chart is 41.59, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.48%. Stochastics %K at 23.65% indicates the stock is a holding.
The most recent change occurred on September 20, 2024 when Jefferies began covering the stock and recommended ‘”a Hold”‘ rating along with a $107 price target.
