KD Logo

Valmont Industries, Inc. [VMI] stock was sold by Schapper Aaron M at the price of US$1.0 million

ZOM Stock

Valmont Industries, Inc.’s recent filing unveils that its Former Group Pres. Agri. & CSO Schapper Aaron M unloaded Company’s shares for reported $1.0 million on May 10 ’24. In the deal valued at $257.29 per share,3,892 shares were sold. As a result of this transaction, Schapper Aaron M now holds 25,825 shares worth roughly $6.71 million.

Then, MASSEY R ANDREW sold 1,304 shares, generating $331,745 in total proceeds. Upon selling the shares at $254.41, the VP, Legal and Corp. Secretary now owns 9,408 shares.

Before that, Freye Theodor Werner sold 1,049 shares. Valmont Industries, Inc. shares valued at $266,441 were divested by the Director at a price of $254.00 per share. As a result of the transaction, Freye Theodor Werner now holds 5,285 shares, worth roughly $1.37 million.

DA Davidson upgraded its Valmont Industries, Inc. [VMI] rating to a Buy from a a Neutral in a research note published on January 10, 2024; the price target was increased to $290 from $230. A number of analysts have revised their coverage, including Northcoast’s analysts, who decreased its forecast for the stock in late October from “a Buy” to “a Neutral”. Northcoast began covering VMI with “Buy” recommendation on July 15, 2022. ROTH Capital started covering the stock on June 03, 2022. It rated VMI as “a Buy”.

Price Performance Review of VMI

On Tuesday, Valmont Industries, Inc. [NYSE:VMI] saw its stock fall -0.06% to $259.72. Over the last five days, the stock has gained 5.36%. Valmont Industries, Inc. shares have risen nearly 11.22% since the year began. Nevertheless, the stocks have fallen -9.30% over the past one year. While a 52-week high of $303.57 was reached on 05/14/24, a 52-week low of $188.62 was recorded on 05/01/24. SMA at 50 days reached $222.59, while 200 days put it at $228.07. A total of 0.22 million shares were traded, compared to the trading of 0.19 million shares in the previous session.

Levels Of Support And Resistance For VMI Stock

The 24-hour chart illustrates a support level at 257.81, which if violated will result in even more drops to 255.89. On the upside, there is a resistance level at 262.40. A further resistance level may holdings at 265.07. The Relative Strength Index (RSI) on the 14-day chart is 78.00, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 23.17, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 5.63%. Stochastics %K at 96.41% indicates the stock is a selling.

Most Popular

[the_ad id="945"]