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Examining the Potential Price Growth of TransUnion (TRU)

TransUnion’s recently made public that its President, US Markets CHAOUKI STEVEN M unloaded Company’s shares for reported $0.13 million on May 01 ’24. In the deal valued at $73.15 per share,1,776 shares were sold. As a result of this transaction, CHAOUKI STEVEN M now holds 73,323 shares worth roughly $5.85 million.

Then, CHAOUKI STEVEN M sold 1,775 shares, generating $144,308 in total proceeds. Upon selling the shares at $81.30, the President, US Markets & CI now owns 75,099 shares.

Before that, MAULDIN RICHARD DANE sold 1,500 shares. TransUnion shares valued at $117,150 were divested by the EVP – Operations at a price of $78.10 per share. As a result of the transaction, MAULDIN RICHARD DANE now holds 22,033 shares, worth roughly $1.76 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 jump 3.46% to $79.74. Over the last five days, the stock has gained 5.05%. TransUnion shares have risen nearly 16.05% since the year began. Nevertheless, the stocks have risen 25.48% 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 $76.27, while 200 days put it at $70.75. A total of 1.55 million shares were traded, compared to the trading of 1.33 million shares in the previous session.

Levels Of Support And Resistance For TRU Stock

The 24-hour chart illustrates a support level at 78.03, which if violated will result in even more drops to 76.32. On the upside, there is a resistance level at 80.67. A further resistance level may holdings at 81.60. The Relative Strength Index (RSI) on the 14-day chart is 62.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.82, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.09%. Stochastics %K at 91.87% indicates the stock is a selling.

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