ADT stock is oversold and large insider buying was detected today in the stock. Director Andrew Africk made the following purchases:
That’s nearly $1 million worth of shares purchased!
The company has been growing revenue nicely.
In the last year, revenue has grown by 46.3%. Measured over the past 5 years, revenue has been growing by 74.39% on average per year.
ADT stock is oversold. Large players volume has been rising for more than a month now which suggests the smart money is accumulating. The Twiggs Money Flow and MACD are both negative suggesting a buy in here may be a bit early.
I give the stock a buy rating. Analysts agree with my buy rating. Overall there are no sell ratings, 1 hold rating, and 8 buy ratings on ADT stock. The average analysts price target is $15.55 which represents 113.09% upside from the current price.
Disclosure: As Premium members know, I went long ADT stock.