Virnetx Holding Corp’s recent filing unveils that its President & CEO Larsen Kendall acquired Company’s shares for reported $4144.0 on May 24 ’24. In the deal valued at $4.14 per share,1,000 shares were bought. As a result of this transaction, Larsen Kendall now holds 44,649 shares worth roughly $0.22 million.
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Then, Larsen Kendall bought 1,875 shares, generating $8,719 in total proceeds. Upon buying the shares at $4.65, the President & CEO now owns 43,649 shares.
Before that, Larsen Kendall bought 2 shares. Virnetx Holding Corp shares valued at $9 were divested by the President & CEO at a price of $4.65 per share. As a result of the transaction, Larsen Kendall now holds 41,774 shares, worth roughly $0.2 million.
Gilford Securities downgraded its Virnetx Holding Corp [VHC] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including William Blair’s analysts, who began to cover the stock in late August with a ‘”an Outperform”‘ rating. Dawson James began covering VHC with “Buy” recommendation on December 02, 2009.
Price Performance Review of VHC
On Tuesday, Virnetx Holding Corp [NYSE:VHC] saw its stock jump 16.71% to $4.82. Over the last five days, the stock has gained 33.15%. Virnetx Holding Corp shares have fallen nearly -31.14% since the year began. Nevertheless, the stocks have fallen -54.53% over the past one year. While a 52-week high of $11.85 was reached on 02/16/24, a 52-week low of $3.50 was recorded on 06/11/24. SMA at 50 days reached $4.78, while 200 days put it at $5.93. A total of 61534.0 shares were traded, compared to the trading of 9700.0 shares in the previous session.
Levels Of Support And Resistance For VHC Stock
The 24-hour chart illustrates a support level at 4.05, which if violated will result in even more drops to 3.27. On the upside, there is a resistance level at 5.55. A further resistance level may holdings at 6.27. The Relative Strength Index (RSI) on the 14-day chart is 62.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.27, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.87%. Stochastics %K at 60.68% indicates the stock is a holding.
