In a filing, Vista Outdoor Inc revealed its CEO – Interim MCARTHUR GARY L acquired Company’s shares for reported $45006.0 on Nov 21 ’23. In the deal valued at $25.94 per share,1,735 shares were bought. As a result of this transaction, MCARTHUR GARY L now holds 94,560 shares worth roughly $3.16 million.
Then, Robinson Michael D sold 4,159 shares, generating $115,454 in total proceeds. Upon selling the shares at $27.76, the Director now owns 21,430 shares.
Before that, Crandell Bradford E sold 3,954 shares. Vista Outdoor Inc shares valued at $104,227 were divested by the Chief Human Resources Officer at a price of $26.36 per share. As a result of the transaction, Crandell Bradford E now holds 56,690 shares, worth roughly $1.9 million.
ROTH MKM upgraded its Vista Outdoor Inc [VSTO] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Monness Crespi & Hardt’s analysts, who remained covering the stock and in early February has reiterated a ‘”a Buy”‘ rating for it. Jefferies started covering the stock on September 20, 2022. It rated VSTO as “a Hold”.
Price Performance Review of VSTO
On Tuesday, Vista Outdoor Inc [NYSE:VSTO] saw its stock fall -0.51% to $33.45. Over the last five days, the stock has gained 4.60%. Vista Outdoor Inc shares have risen nearly 13.12% since the year began. Nevertheless, the stocks have risen 29.55% over the past one year. While a 52-week high of $33.96 was reached on 03/01/24, a 52-week low of $23.33 was recorded on 01/11/24. SMA at 50 days reached $31.31, while 200 days put it at $29.20. A total of 0.37 million shares were traded, compared to the trading of 0.63 million shares in the previous session.
Levels Of Support And Resistance For VSTO Stock
The 24-hour chart illustrates a support level at 33.19, which if violated will result in even more drops to 32.94. On the upside, there is a resistance level at 33.67. A further resistance level may holdings at 33.90. The Relative Strength Index (RSI) on the 14-day chart is 61.39, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.63, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.19%. Stochastics %K at 84.90% indicates the stock is a selling.
How much short interest is there in Vista Outdoor Inc?
A steep rise in short interest was recorded in Vista Outdoor Inc stocks on Mar 15, 2024, dropping by -0.17 million shares to a total of 1.62 million shares. Yahoo Finance data shows the prior-month short interest on Feb 15, 2024 was 1.79 million shares. There was a decline of -10.49%, which implies that there is a negative sentiment for the stock. In spite of short shares comprising just 3.33% of the overall stock float, the days-to-cover ratio (short ratio) fell to 2.86.
