Aon plc director buys $2.77m in company stock, impacting share price. Stock AI predicts a short-term decrease (-3.6%) and a long-term increase (+0.8%) for AON. 🔴🟢
Stock AI’s (AON) Forecast get (+13.5% Profit)
StockAI’s analysis delivers real-world results. On 15 March 2024, $AON ($318.9), StockAI predicted a long-term 🔴 sell signal. It was accurate: 1 month later price dropped to $275.8 (🔴-13.5%). Selling AON on this signal yielded a +13.5% profit 💰💰.
AON-Aon plc News
🔴 Aon plc director Lester Knight buys $2.77m in company stock, showing confidence in the company’s future prospects.
🟢 Truist Financial Corp cut its position in Aon plc by 20.9% during the fourth quarter, potentially signaling a lack of confidence in the stock.
🔴 Aon plc Director Lester B. Knight purchased 10,000 shares of the business’s stock at an average cost of $276.61 per share, demonstrating bullish sentiment.
🟢 Headlands Technologies LLC lifted its holdings in Aon plc by 96.7% during the fourth quarter, indicating growing interest in the stock.
🔴 Assetmark Inc. boosted its stake in Aon plc by 17.6% in the 4th quarter, showing increased confidence in the company’s future performance.
🟢 Financial Advocates Investment Management raised its holdings in Aon plc by 47.8% during the fourth quarter, suggesting positive sentiment towards the stock.
Aon plc stock has seen a mix of positive and negative news recently, with insider buying indicating confidence in the company’s future, while some institutions have reduced their positions. The increase in holdings by Assetmark Inc. and Financial Advocates Investment Management suggests growing optimism about Aon’s performance. However, Truist Financial Corp’s reduction in its position may have raised concerns among investors. Overall, the recent news may lead to some volatility in Aon’s stock price in the short term, but the long-term forecast remains positive with potential for growth. Investors should closely monitor developments to make informed decisions regarding their investments in Aon plc.
AON-Aon plc Analyst Ratings
📉 Bank of America downgraded Aon plc (NYSE:AON) from Neutral to Underperform and lowered the price target from $378 to $345.
📉 Wells Fargo & Company lowered their price target on Aon plc (NYSE:AON) from $300 to $289.
📉 Piper Sandler reduced their target price on Aon plc (NYSE:AON) from $326 to $312.
Sources:
– Bank of America
– Wells Fargo & Company
– Piper Sandler
Disclaimer
Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.