TransUnion (TRU) may enjoy gains as insiders got busy in the recent days

TransUnion’s filing revealed that its President, US Markets & CI CHAOUKI STEVEN M unloaded Company’s shares for reported $0.14 million on Apr 01 ’24. In the deal valued at $81.30 per share,1,775 shares were sold. As a result of this transaction, CHAOUKI STEVEN M now holds 75,099 shares worth roughly $5.4 million.

Then, MAULDIN RICHARD DANE sold 1,500 shares, generating $117,150 in total proceeds. Upon selling the shares at $78.10, the EVP – Operations now owns 22,033 shares.

Before that, Martin Timothy J sold 12,000 shares. TransUnion shares valued at $943,080 were divested by the EVP – Global Solutions at a price of $78.59 per share. As a result of the transaction, Martin Timothy J now holds 54,522 shares, worth roughly $3.92 million.

BofA Securities upgraded its TransUnion [TRU] rating to a Neutral from a an Underperform in a research note published on April 01, 2024; the price target was increased to $90 from $65. A number of analysts have revised their coverage, including Oppenheimer’s analysts, who began to cover the stock in mid December with a ‘”an Outperform”‘ rating. Evercore ISI also remained covering TRU and has decreased its forecast on October 25, 2023 with a “an In-line” recommendation from previously “an Outperform” rating. BofA Securities revised its rating on October 25, 2023. It rated TRU as “an Underperform” which previously was an “a Buy”.

Price Performance Review of TRU

On Monday, TransUnion [NYSE:TRU] saw its stock fall -2.30% to $71.88. Over the last five days, the stock has lost -8.79%. TransUnion shares have risen nearly 4.61% since the year began. Nevertheless, the stocks have risen 12.14% over the past one year. While a 52-week high of $82.75 was reached on 03/21/24, a 52-week low of $42.09 was recorded on 01/04/24. SMA at 50 days reached $76.37, while 200 days put it at $71.24. A total of 1.5 million shares were traded, compared to the trading of 1.17 million shares in the previous session.

Levels Of Support And Resistance For TRU Stock

The 24-hour chart illustrates a support level at 70.50, which if violated will result in even more drops to 69.11. On the upside, there is a resistance level at 73.88. A further resistance level may holdings at 75.87. The Relative Strength Index (RSI) on the 14-day chart is 33.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -3.53, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.44%. Stochastics %K at 9.59% indicates the stock is a buying.

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