Vital Energy Inc.’s recent filing unveils that its Director Lancaster Lori A acquired Company’s shares for reported $45030.0 on Dec 01 ’23. In the deal valued at $45.03 per share,1,000 shares were bought. As a result of this transaction, Lancaster Lori A now holds 1,747 shares worth roughly $93377.15000000001.
Then, Denny Mark David sold 5,496 shares, generating $300,906 in total proceeds. Upon selling the shares at $54.75, the SVP, Gen. Counsel & Secretary now owns 18,494 shares.
Before that, SEGNER EDMUND P III sold 1,155 shares. Vital Energy Inc. shares valued at $50,820 were divested by the Director at a price of $44.00 per share. As a result of the transaction, SEGNER EDMUND P III now holds 14,328 shares, worth roughly $0.77 million.
A number of analysts have revised their coverage, including BofA Securities’s analysts, who began to cover the stock in early December with a ‘”an Underperform”‘ rating. KeyBanc Capital Markets began covering VTLE with “an Overweight” recommendation on December 06, 2023. Truist started covering the stock on November 27, 2023. It rated VTLE as “a Buy”.
Price Performance Review of VTLE
On Monday, Vital Energy Inc. [NYSE:VTLE] saw its stock jump 3.48% to $53.45. Over the last five days, the stock has lost -4.11%. Vital Energy Inc. shares have risen nearly 17.50% since the year began. Nevertheless, the stocks have risen 26.99% over the past one year. While a 52-week high of $62.87 was reached on 04/12/24, a 52-week low of $40.00 was recorded on 01/19/24. SMA at 50 days reached $52.46, while 200 days put it at $50.18. A total of 0.54 million shares were traded, compared to the trading of 0.55 million shares in the previous session.
Levels Of Support And Resistance For VTLE Stock
The 24-hour chart illustrates a support level at 52.60, which if violated will result in even more drops to 51.75. On the upside, there is a resistance level at 53.96. A further resistance level may holdings at 54.48. The Relative Strength Index (RSI) on the 14-day chart is 50.53, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 43.42%. Stochastics %K at 29.79% indicates the stock is a holding.
The most recent change occurred on November 20, 2023 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $60 price target.
