Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Ventas Inc shares valued at $97,905 were purchased by Bulgarelli Peter J. on Sep 11 ’24. At $65.27 per share, Bulgarelli Peter J. acquired 1,500 shares.
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, Bulgarelli Peter J. sold 6,000 shares, netting a total of over 389,942 in proceeds. Following the sale of shares at $64.99 each, the insider now holds 90,795 shares.
Before that, Bulgarelli Peter J. had sold 1,500 shares from its account. In a trade valued at $97,905, the EVP OM&R-Ventas/Pres&CEO-LHS traded Ventas Inc shares for $65.27 each. Upon closing the transaction, the insider’s holdings decreased to 1,500 shares, worth approximately $5.73 million.
As published in a research note from Evercore ISI on March 18, 2024, Ventas Inc [VTR] has been rated up from an In-line to an Outperform and the price target has been revised to $50. Analysts at Wells Fargo downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal weight”‘ outlook in a report released in late February. As of January 30, 2024, Deutsche Bank has initiated its “Buy” rating for VTR. Earlier on January 16, 2024, BofA Securities upgraded its rating. Their new recommendation was “a Buy” for VTR stock which previously was a “a Neutral”.
Analyzing VTR Stock Performance
During the last five days, there has been a drop of approximately -1.71%. Over the course of the year, Ventas Inc shares have jumped approximately 28.83%. Shares of the company reached a 52-week high of $65.64 on 09/13/24 and a 52-week low of $41.45 on 04/16/24. A 50-day SMA is recorded $58.33, while a 200-day SMA reached $49.60. Nevertheless, trading volume fell to 2.49 million shares from 3.87 million shares the previous day.
Support And Resistance Levels for Ventas Inc (VTR)
According to the 24-hour chart, there is a support level at 63.77, which, if violated, would cause prices to drop to 63.33. In the upper region, resistance lies at 64.79. The next price resistance is at 65.38. RSI (Relative Strength Index) is 73.14 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.75, which suggests the price will decrease in the coming days. Percent R is at 27.86%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
