Ventas Inc’s filing revealed that its EVP and CFO Probst Robert F unloaded Company’s shares for reported $1.18 million on Aug 08 ’24. In the deal valued at $58.87 per share,20,000 shares were sold. As a result of this transaction, Probst Robert F now holds 156,403 shares worth roughly $9.32 million.
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Then, Probst Robert F bought 20,000 shares, generating $1,179,000 in total proceeds.
Before that, CAFARO DEBRA A sold 40,079 shares. Ventas Inc shares valued at $2,296,254 were divested by the Chairman and CEO at a price of $57.29 per share. As a result of the transaction, CAFARO DEBRA A now holds 986,717 shares, worth roughly $58.79 million.
Evercore ISI upgraded its Ventas Inc [VTR] rating to an Outperform from a an In-line in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in late February from “an Overweight” to “an Equal weight”. Deutsche Bank began covering VTR with “Buy” recommendation on January 30, 2024. BofA Securities revised its rating on January 16, 2024. It rated VTR as “a Buy” which previously was an “a Neutral”.
Price Performance Review of VTR
On Friday, Ventas Inc [NYSE:VTR] saw its stock jump 0.57% to $59.58. Over the last five days, the stock has gained 1.99%. Ventas Inc shares have risen nearly 19.54% since the year began. Nevertheless, the stocks have risen 37.87% over the past one year. While a 52-week high of $59.82 was reached on 08/23/24, a 52-week low of $39.33 was recorded on 04/16/24. SMA at 50 days reached $54.16, while 200 days put it at $48.00.
Levels Of Support And Resistance For VTR Stock
The 24-hour chart illustrates a support level at 59.20, which if violated will result in even more drops to 58.82. On the upside, there is a resistance level at 59.91. A further resistance level may holdings at 60.23. The Relative Strength Index (RSI) on the 14-day chart is 72.45, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.52, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 6.57%. Stochastics%K at 86.09% indicates the stock is a selling.
How much short interest is there in Ventas Inc?
A steep rise in short interest was recorded in Ventas Inc stocks on 2024-07-31, growing by 0.19 million shares to a total of 7.8 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 7.61 million shares. There was a rise of 2.41%, which implies that there is a positive sentiment for the stock.
