Home Insider News Insider Selling Report: Academy Sports and Outdoors Inc. 's See Remarks, Lawrence...

Insider Selling Report: Academy Sports and Outdoors Inc. [ASO]’s See Remarks, Lawrence Steven Paul, Sells 4,282 Shares

On Jan. 04, Lawrence Steven Paul divested U.S. $88,937 in shares of Academy Sports and Outdoors Inc.. The See Remarks sold 4,282 shares at a price per share of $20.77. The transaction decreased this specific insider’s holdings to 174,710 shares worth around $3.7 million at present.

UBS launched its Academy Sports and Outdoors Inc. [ASO] rating to the equivalent of a Buy and assigned the price target of $18, in a research note dated October 27, 2020. That figure represents around a -17.61% premium from where the company’s shares closed on Wednesday. Some new analysts also started their coverage, with UBS’s analysts assigning the shares to “a Buy” rating in a research note to investors issued in late October. Meanwhile, Stephens had launched its coverage on ASO with “an Overweight”, in a research note produced for clients October 27, 2020. In addition, there was a new coverage from JP Morgan on October 27, 2020. The research firm rated ASO “an Overweight”.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

ASO Price Performance

On Wall Street, Academy Sports and Outdoors Inc. [NASDAQ:ASO] finished Wednesday’s session up 2.42% at $21.17. The stock went up to $21.37 at the same session while its lowest single day price was $20.34. In the last five days, it saw a rise of about 0.91%, Academy Sports and Outdoors Inc. shares gained by almost 2.12% since the beginning of the year. However, the share price has dropped to as low as -2.44% below its one year high.

ASO Stock Support And Resistance Levels

On the 24-hour scale, the immediate backing is perceived around 20.55 level, and in case of violation of this particular level, it will cause more drop to 19.93 level. On the upper level, 21.99 is still the key resistance. The stock may increase to the subsequent resistance at 21.58. The Relative Strength Index (RSI) pinned on the 14-day chart is 70.66, implying an overbought technical stance while the MACD stands at 0.96, meaning price will decrease in the next trading period. Percent R indicator moved to 14.36%, implying bullish price movement. Stochastic %K at 82.24% suggest selling the stock.

What is the short interest in Academy Sports and Outdoors Inc.?

Short interest in the Academy Sports and Outdoors Inc. stock has plunged, decreasing by -5.7 million shares to total 7.94 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 2.24 million, data from Yahoo Finance shows. The increase of 71.79% suggests the stock saw some increased bearish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 30.47% of the overall float for the stock.

ASO Earnings Forecast For The Current Quarter

Academy Sports and Outdoors Inc. [ASO] is expected to report earnings results for the quarter ending on Jan 2021. Consensus estimates give the company expected revenues of $1.5B and an earnings per share of $0.37 for Jan 2021. Looking further ahead, the company is expected to report revenue of $1.2B at an EPS of $0.38 for Apr 2021. The estimates represent -2.70% and -17.72% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.

Get the hottest stocks to trade every day before the market opens 100% free. Click here now. 

What are analyst thoughts on Academy Sports and Outdoors Inc.?

Looking forward to the Academy Sports and Outdoors Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for Academy Sports and Outdoors Inc. stock at $23.50 within the next 12 months, which represents almost 9.91 per cent growth from its previous closing price of $21.17. The highest analysts’ target for Academy Sports and Outdoors Inc. stock projections is $30.00 and the lowest one is $21.00. Still, 9 analysts sharing their consensus rating for ASO stock in 2021 agree that it is a Buy.

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Must Read

What Prompted INVO Biosciences’ After-Hours Rally?

A spike in INVO Bioscience, Inc's (NASDAQ: INVO) stock price after-hours drove its price up 83.28% on Monday. In regular sessions, through the end...

The Opgen (OPGN) Stock Is High Today, Reason?

OpGen, Inc. (Nasdaq: OPGN), a company that makes use of the power of molecular diagnostics and bioinformatics to treat infectious diseases, is showing strength...

Why Nano Dimension (NNDM) Leapt 7% In Aftermarket Trading On Friday?

After-hours trading on Friday saw Nano Dimension Corp (Nasdaq: NNDM) hit $7.97 a share rising 4.73%. The stock saw a decline of -2.31% to...

What Caused The Anchiano Therapeutics (ANCN) To Continue Rally After-Hours?

The clinical-stage biotech company Anchiano Therapeutics Ltd. (Nasdaq: ANCN) saw its stock rising 40.12% in after-hours trades on Friday. The price of the company’s...

Are The Financial Results Weighing On Senseonics (SENS) Stock In Premarket Today?

Shares of medical technology Senseonics Holdings, Inc. (NYSE American: SENS) has been declining -9.67% in pre-market session today falling to a price level of...

Tron (TRX) Working Hard on DeFi Development; Where is TRX Heading?

Tron 2021 Global DeFi Hackathon developer contest is one of its $120 million TRON DeFi Entrepreneurial Alliance Support Program.  TRON (TRX) is making sure that it...

Mark Cuban backs Dogecoin (DOGE) and says Dallas Mavericks are the largest merchant of Meme Coin worldwide

After Elon Musk, Cuban comes out in favor of the meme coin. Dogecoin (DOGE) is one of the most anticipated cryptocurrencies of the future. Back...

The Opgen (OPGN) Stock Is High Today, Reason?

OpGen, Inc. (Nasdaq: OPGN), a company that makes use of the power of molecular diagnostics and bioinformatics to treat infectious diseases, is showing strength...

Related News

The Aqua Metals (AQMS) Stock Is An Pre-Market Upsurge of 13% For What Reason?

The metal recycling firm Aqua Metals, Inc. (NASDAQ: AQMS) is on an uptick today in premarket session. As of 09:08 a.m. EST, the stock...

Insider Selling Report: Nu Skin Enterprises Inc. [NUS]’s Pres, Napierski Ryan S, Sells 4,844 Shares

On Jan. 07, Napierski Ryan S divested U.S. $286,038 in shares of Nu Skin Enterprises Inc.. The Pres sold 4,844 shares at a price...

Insider Alert: Harmonic Inc. [HLIT]’s SVP, Video R, D, Haltmayer Neven, Makes A $117,240 Sell

On Jan. 06, Haltmayer Neven divested U.S. $117,240 in shares of Harmonic Inc.. The SVP, Video R, D sold 15,632 shares at a price...

ACM Research Inc. [ACMR] Sees 2,000 Share Insider Sell From Dir Liu Tracy

On Jan. 06, Liu Tracy divested U.S. $200,000 in shares of ACM Research Inc.. The Dir sold 2,000 shares at a price per share...

Insider Selling: MasTec Inc. [MTZ] CFO Sells 30,027 Shares Worth $2,404,436

On Jan. 07, Pita George divested U.S. $2,404,436 in shares of MasTec Inc.. The CFO sold 30,027 shares at a price per share of...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

Get The Best Stocks To Trade Every Day!

Join now to get the NewsHeater.com pre-market morning brief 100% free

We do not sell or share your information with anyone.

Get The Best Stocks To Trade Every Day!...100% Free

We do not sell or share your information with anyone.

Get Best Morning Financial Newsletter... 100% Free

Best stocks ideas

Analysts’ Upgrades & Downgrades

Insider Watchlist

Important Earnings

We do not sell or share your information with anyone.