Veeco Instruments Inc’s filing revealed that its SVP & CHIEF FINANCIAL OFFICER KIERNAN JOHN P unloaded Company’s shares for reported $0.11 million on Jun 10 ’24. In the deal valued at $43.39 per share,2,500 shares were sold. As a result of this transaction, KIERNAN JOHN P now holds 2,167 shares worth roughly $96604.86.
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
Then, St Dennis Thomas sold 4,000 shares, generating $150,892 in total proceeds. Upon selling the shares at $37.72, the Director now owns 51,861 shares.
Before that, Miller William John sold 30,000 shares. Veeco Instruments Inc shares valued at $1,145,700 were divested by the CEO at a price of $38.19 per share. As a result of the transaction, Miller William John now holds 515,091 shares, worth roughly $22.96 million.
Citigroup initiated its Veeco Instruments Inc [VECO] rating to a Buy in a research note published on September 13, 2023; the price target was $35. A number of analysts have revised their coverage, including Needham’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Barclays also remained covering VECO and has decreased its forecast on January 23, 2023 with a “an Equal weight” recommendation from previously “an Overweight” rating. Northland Capital maintained its rating on December 28, 2021. It rated VECO as “an Outperform”.
Price Performance Review of VECO
On Monday, Veeco Instruments Inc [NASDAQ:VECO] saw its stock fall -4.31% to $44.58. Over the last five days, the stock has lost -2.75%. Veeco Instruments Inc shares have risen nearly 43.67% since the year began. Nevertheless, the stocks have risen 78.96% over the past one year. While a 52-week high of $48.48 was reached on 06/18/24, a 52-week low of $23.63 was recorded on 01/10/24. SMA at 50 days reached $39.65, while 200 days put it at $32.78. A total of 0.89 million shares were traded, compared to the trading of 1.32 million shares in the previous session.
Levels Of Support And Resistance For VECO Stock
The 24-hour chart illustrates a support level at 43.90, which if violated will result in even more drops to 43.23. On the upside, there is a resistance level at 45.90. A further resistance level may holdings at 47.23. The Relative Strength Index (RSI) on the 14-day chart is 56.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.97, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.62%. Stochastics %K at 70.89% indicates the stock is a holding.
#####
#####
#####
#####
