In a filing, Universal Insurance Holdings Inc revealed its Officer Springer Jon acquired Company’s shares for reported $0.43 million on Aug 13 ’24. In the deal valued at $19.42 per share,22,096 shares were bought.
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Then, DOWNES SEAN P bought 20,000 shares, generating $403,800 in total proceeds.
Before that, DOWNES SEAN P sold 20,000 shares. Universal Insurance Holdings Inc shares valued at $400,092 were divested by the Executive Chairman at a price of $20.00 per share. As a result of the transaction, DOWNES SEAN P now holds 1,122,262 shares, worth roughly $21.87 million.
Piper Sandler upgraded its Universal Insurance Holdings Inc [UVE] rating to an Overweight from a a Neutral in a research note published on February 27, 2023; the price target was increased to $19 from $11. A number of analysts have revised their coverage, including Piper Sandler’s analysts, who began to cover the stock in late May with a ‘”a Neutral”‘ rating. Keefe Bruyette also remained covering UVE and has decreased its forecast on November 04, 2019 with a “an Underperform” recommendation from previously “Mkt perform” rating. Keefe Bruyette revised its rating on July 27, 2018. It rated UVE as “a Mkt perform” which previously was an “an Outperform”.
Price Performance Review of UVE
On Tuesday, Universal Insurance Holdings Inc [NYSE:UVE] saw its stock jump 3.12% to $19.49. Over the last five days, the stock has gained 4.34%. Universal Insurance Holdings Inc shares have risen nearly 21.96% since the year began. Nevertheless, the stocks have risen 38.73% over the past one year. While a 52-week high of $22.38 was reached on 04/26/24, a 52-week low of $11.07 was recorded on 02/08/24. SMA at 50 days reached $18.94, while 200 days put it at $18.23.
Levels Of Support And Resistance For UVE Stock
The 24-hour chart illustrates a support level at 19.09, which if violated will result in even more drops to 18.68. On the upside, there is a resistance level at 19.71. A further resistance level may holdings at 19.92. The Relative Strength Index (RSI) on the 14-day chart is 54.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.09, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 64.06%. Stochastics%K at 26.09% indicates the stock is a holding.
How much short interest is there in Universal Insurance Holdings Inc?
A steep rise in short interest was recorded in Universal Insurance Holdings Inc stocks on
