Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Valero Energy Corp. shares valued at $113,850 were sold by Greene Kimberly S, on May 09 ’24. At $158.12 per share, Greene Kimberly S, sold 720 shares. The insider’s holdings dropped to 13,314 shares worth approximately $2.16 million following the completion of this transaction.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Also, Gorder Joseph W sold 75,580 shares, netting a total of over 10,278,389 in proceeds. Following the sale of shares at $135.99 each, the insider now holds 621,872 shares.
As published in a research note from Argus on May 16, 2024, Valero Energy Corp. [VLO] has been rated down from a Buy to a Hold. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in late April. As of April 08, 2024, TD Cowen has reiterated its “Buy” rating for VLO. Earlier on March 22, 2024, Mizuho downgraded its rating. Their new recommendation was “a Neutral” for VLO stock which previously was a “a Buy”.
Analyzing VLO Stock Performance
During the last five days, there has been a surge of approximately 2.56%. Over the course of the year, Valero Energy Corp. shares have jumped approximately 25.05%. Shares of the company reached a 52-week high of $184.79 on 04/05/24 and a 52-week low of $124.02 on 01/18/24. A 50-day SMA is recorded $166.29, while a 200-day SMA reached $141.64. Nevertheless, trading volume fell to 2.19 million shares from 2.51 million shares the previous day.
Support And Resistance Levels for Valero Energy Corp. (VLO)
According to the 24-hour chart, there is a support level at 161.48, which, if violated, would cause prices to drop to 160.41. In the upper region, resistance lies at 163.94. The next price resistance is at 165.33. RSI (Relative Strength Index) is 51.72 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.90, which suggests the price will increase in the coming days. Percent R is at 31.95%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
