In a filing, Zions Bancorporation N.A revealed its Executive Vice President Robinson Rebecca K unloaded Company’s shares for reported $0.23 million on May 03 ’24. In the deal valued at $43.66 per share,5,291 shares were sold. As a result of this transaction, Robinson Rebecca K now holds 22,238 shares worth roughly $0.97 million.
Then, Forney Alan M sold 1,500 shares, generating $65,520 in total proceeds. Upon selling the shares at $43.68, the Exec VP & Division CEO now owns 22,181 shares.
Before that, SIMMONS HARRIS H bought 4,000 shares. Zions Bancorporation N.A shares valued at $154,160 were divested by the Chairman & CEO at a price of $38.54 per share. As a result of the transaction, SIMMONS HARRIS H now holds 1,312,987 shares, worth roughly $57.38 million.
Deutsche Bank initiated its Zions Bancorporation N.A [ZION] rating to a Hold in a research note published on April 10, 2024; the price target was $47. A number of analysts have revised their coverage, including Truist’s analysts, who decreased its forecast for the stock in early January from “a Buy” to “a Hold”. Robert W. Baird also remained covering ZION and has decreased its forecast on December 15, 2023 with a “Neutral” recommendation from previously “an Outperform” rating. Citigroup revised its rating on November 21, 2023. It rated ZION as “a Neutral” which previously was an “a Buy”.
Price Performance Review of ZION
On Monday, Zions Bancorporation N.A [NASDAQ:ZION] saw its stock jump 0.18% to $43.70. Over the last five days, the stock has gained 5.76%. Zions Bancorporation N.A shares have fallen nearly -0.39% since the year began. Nevertheless, the stocks have risen 119.27% over the past one year. While a 52-week high of $46.15 was reached on 01/25/24, a 52-week low of $18.26 was recorded on 02/01/24. SMA at 50 days reached $41.11, while 200 days put it at $38.33. A total of 1.45 million shares were traded, compared to the trading of 2.09 million shares in the previous session.
Levels Of Support And Resistance For ZION Stock
The 24-hour chart illustrates a support level at 43.48, which if violated will result in even more drops to 43.25. On the upside, there is a resistance level at 44.05. A further resistance level may holdings at 44.40. The Relative Strength Index (RSI) on the 14-day chart is 62.40, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.86, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.36%. Stochastics %K at 93.21% indicates the stock is a selling.
