ARRAY DIGITAL INFRASTRUCTURE, INC.
No SEC Form 4 filings for $AD in the last 30 days.
On May 26, analysts adjusted price targets across multiple stocks. Royal Bank raised AutoCanada to C$23. JPMorgan cut Array Digital Infrastructure to $54 and Amentum to $31, but raised Analog Devices to $450. Other changes included BofA lifting Ciena to $660 and Cisco to $135, and Stifel trimming CAE to C$47.
Raymond James has downgraded Array Digital Infrastructure Inc (AD) from Outperform to Market Perform, indicating a cautious outlook. The stock is considered significantly overvalued with a GF Value of $5.15 against a current price of $55.77, and its P/E ratio is substantially higher than its historical median. Despite moderate financial strength and momentum, the valuation raises concerns for investors.
Array Digital (AD) CEO Anthony J. Carlson exercised equity awards, converting 1,742 restricted stock units and 4,150 performance share units into a total of 5,892 common shares. The shares were valued at $48.00 each, based on the prior trading day's closing price. Following tax withholding for 1,728 shares, Carlson now directly holds 13,093 common shares, with no open-market purchases or sales reported.
