Days-to-cover ratio for ABM surges to 3.47 due to rise in short interest

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. ABM Industries Inc shares valued at $828,571 were sold by JACOBSEN RENE on Jul 07 ’25. At $48.03 per share, JACOBSEN RENE sold 17,250 shares. The insider’s holdings dropped to 71,256 shares worth approximately $3.48 million following the completion of this transaction.

Also, JACOBSEN RENE purchased 17,250 shares, netting a total of over 828,571 in proceeds.

Before that, Gartland Thomas M had sold 3,711 shares from its account. In a trade valued at $168,906, the Director traded ABM Industries Inc shares for $45.52 each. Upon closing the transaction, the insider’s holdings decreased to 3,711 shares, worth approximately $1.51 million.

As published in a research note from Truist on July 02, 2025, ABM Industries Inc [ABM] has been rated up from a Hold to a Buy and the price target has been revised to $58. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early June. As of June 09, 2025, Robert W. Baird has increased its “Neutral” rating to a “an Outperform” for ABM. Earlier on November 13, 2023, Truist initiated its rating. Their recommendation was “a Hold” for ABM stock.

Analyzing ABM Stock Performance

On last trading session,, ABM Industries Inc [NYSE: ABM] rose 2.62% to $48.87. The stock’s lowest price that day was $47.16, but it reached a high of $48.97 in the same session. During the last five days, there has been a surge of approximately 2.84%. Over the course of the year, ABM Industries Inc shares have dropped approximately -1.17%. 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 47.70, which, if violated, would cause prices to drop to 46.52. In the upper region, resistance lies at 49.51. The next price resistance is at 50.14. RSI (Relative Strength Index) is 56.96 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, down nearly -1.3% from the previous closing price of $47.62. 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. On September 08, 2023, Deutsche Bank assigned a price target of “a Hold” to the stock and downgraded coverage with a $43.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.