KD Logo

DaVita Inc (DVA) gets rating Initiated from Barclays

DaVita Inc’s filing revealed that its Chief Executive Officer Rodriguez Javier unloaded Company’s shares for reported $0.94 million on Feb 27 ’24. In the deal valued at $126.87 per share,7,397 shares were sold. As a result of this transaction, Rodriguez Javier now holds 481,300 shares worth roughly $66.49 million.

Then, Rodriguez Javier sold 67,603 shares, generating $8,525,130 in total proceeds. Upon selling the shares at $126.11, the Chief Executive Officer now owns 488,697 shares.

Before that, STAFFIERI MICHAEL DAVID sold 29,488 shares. DaVita Inc shares valued at $3,533,025 were divested by the Chief Operating Officer, DKC at a price of $119.81 per share. As a result of the transaction, STAFFIERI MICHAEL DAVID now holds 37,687 shares, worth roughly $5.21 million.

Barclays initiated its DaVita Inc [DVA] rating to an Equal weight in a research note published on March 06, 2024; the price target was $133. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in early August from “a Neutral” to “a Buy”. Deutsche Bank also remained covering DVA and has decreased its forecast on November 01, 2022 with a “Hold” recommendation from previously “Buy” rating. UBS revised its rating on October 31, 2022. It rated DVA as “a Neutral” which previously was an “a Buy”.

Price Performance Review of DVA

On Monday, DaVita Inc [NYSE:DVA] saw its stock jump 3.47% to $138.14. Over the last five days, the stock has gained 4.24%. DaVita Inc shares have risen nearly 31.86% since the year began. Nevertheless, the stocks have risen 56.96% over the past one year. While a 52-week high of $141.54 was reached on 03/13/24, a 52-week low of $71.51 was recorded on 01/23/24. SMA at 50 days reached $132.12, while 200 days put it at $107.61. A total of 0.99 million shares were traded, compared to the trading of 0.48 million shares in the previous session.

Levels Of Support And Resistance For DVA Stock

The 24-hour chart illustrates a support level at 134.50, which if violated will result in even more drops to 130.86. On the upside, there is a resistance level at 140.51. A further resistance level may holdings at 142.88. The Relative Strength Index (RSI) on the 14-day chart is 64.49, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.47, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 8.09%. Stochastics %K at 80.28% indicates the stock is a selling.

Most Popular

[the_ad id="945"]