In a filing, VF Corp. revealed its Director Carucci Richard acquired Company’s shares for reported $0.31 million on Feb 26 ’24. In the deal valued at $15.53 per share,20,000 shares were bought. As a result of this transaction, Carucci Richard now holds 182,810 shares worth roughly $2.21 million.
Then, Dorer Benno O sold 4 shares, generating $62 in total proceeds. Upon selling the shares at $15.53, the Director now owns 53,625 shares.
Before that, CHUGG JULIANA L bought 40 shares. VF Corp. shares valued at $659 were divested by the Director at a price of $16.46 per share. As a result of the transaction, CHUGG JULIANA L now holds 6,718 shares, worth roughly $81354.98.
Exane BNP Paribas downgraded its VF Corp. [VFC] rating to a Neutral from a an Outperform in a research note published on April 12, 2024; the price target was decreased to $14 from $18. A number of analysts have revised their coverage, including Goldman’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Neutral”. JP Morgan also remained covering VFC and has increased its forecast on November 15, 2023 with a “Neutral” recommendation from previously “an Underweight” rating. Evercore ISI started covering the stock on November 07, 2023. It rated VFC as “an In-line”.
Price Performance Review of VFC
On Friday, VF Corp. [NYSE:VFC] saw its stock fall -7.77% to $12.11. Over the last five days, the stock has lost -11.99%. VF Corp. shares have fallen nearly -35.59% since the year began. Nevertheless, the stocks have fallen -43.86% over the past one year. While a 52-week high of $23.58 was reached on 01/02/24, a 52-week low of $12.85 was recorded on 04/12/24. SMA at 50 days reached $15.33, while 200 days put it at $17.28. A total of 15.82 million shares were traded, compared to the trading of 5.95 million shares in the previous session.
Levels Of Support And Resistance For VFC Stock
The 24-hour chart illustrates a support level at 11.81, which if violated will result in even more drops to 11.52. On the upside, there is a resistance level at 12.61. A further resistance level may holdings at 13.12. The Relative Strength Index (RSI) on the 14-day chart is 27.08, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.12, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 97.38%. Stochastics %K at 8.81% indicates the stock is a buying.
