In a filing, Equifax, Inc. revealed its CEO Begor Mark W unloaded Company’s shares for reported $15.6 million on Feb 28 ’24. In the deal valued at $267.52 per share,58,300 shares were sold. As a result of this transaction, Begor Mark W now holds 108,912 shares worth roughly $27.9 million.
Then, Ploder Rodolfo O sold 20,788 shares, generating $5,146,913 in total proceeds. Upon selling the shares at $247.59, the EVP, Pres Workforce Solutions now owns 79,311 shares.
Before that, KELLEY JOHN J III sold 4,000 shares. Equifax, Inc. shares valued at $834,106 were divested by the EVP, Chief Legal Officer at a price of $208.53 per share. As a result of the transaction, KELLEY JOHN J III now holds 9,394 shares, worth roughly $2.41 million.
Evercore ISI upgraded its Equifax, Inc. [EFX] rating to an Outperform from a an In-line in a research note published on February 13, 2024; the price target was increased to $310 from $210. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who decreased its forecast for the stock in mid January from “a Buy” to “a Neutral”. BofA Securities also remained covering EFX and has increased its forecast on January 08, 2024 with a “Buy” recommendation from previously “an Underperform” rating. Needham maintained its rating on January 04, 2024. It rated EFX as “a Buy”.
Price Performance Review of EFX
On Friday, Equifax, Inc. [NYSE:EFX] saw its stock jump 1.63% to $256.15. Over the last five days, the stock has lost -4.25%. Equifax, Inc. shares have risen nearly 3.58% since the year began. Nevertheless, the stocks have risen 26.74% over the past one year. While a 52-week high of $275.10 was reached on 02/29/24, a 52-week low of $159.95 was recorded on 01/03/24. SMA at 50 days reached $258.25, while 200 days put it at $221.40. A total of 0.59 million shares were traded, compared to the trading of 0.47 million shares in the previous session.
Levels Of Support And Resistance For EFX Stock
The 24-hour chart illustrates a support level at 251.95, which if violated will result in even more drops to 247.75. On the upside, there is a resistance level at 258.41. A further resistance level may holdings at 260.67. The Relative Strength Index (RSI) on the 14-day chart is 46.27, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.43, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.18%. Stochastics %K at 18.61% indicates the stock is a buying.
How much short interest is there in Equifax, Inc.?
A steep rise in short interest was recorded in Equifax, Inc. stocks on Mar 15, 2024, dropping by -0.13 million shares to a total of 3.12 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 3.25 million shares. There was a decline of -4.17%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.24% of the overall stock float, the days-to-cover ratio (short ratio) fell to 3.87.
The most recent change occurred on December 19, 2023 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $273 price target.
