KD Logo

Buying Buzz: Vail Resorts Inc. [MTN] EVP & Chief Financial Officer Korch Angela A purchases 575 shares of the company

The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Vail Resorts Inc. shares valued at $101,315 were purchased by Korch Angela A on Jun 10 ’24. At $176.20 per share, Korch Angela A acquired 575 shares. The insider’s holdings grew to 1,171 shares worth approximately $0.22 million following the completion of this transaction.

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, Vaughn Peter A sold 1,000 shares, netting a total of over 222,770 in proceeds. Following the sale of shares at $222.77 each, the insider now holds 7,592 shares.

Before that, SCHNEIDER HILARY had sold 2,565 shares from its account. In a trade valued at $580,716, the Director traded Vail Resorts Inc. shares for $226.40 each. Upon closing the transaction, the insider’s holdings decreased to 2,565 shares, worth approximately $2.77 million.

As published in a research note from JP Morgan on June 07, 2024, Vail Resorts Inc. [MTN] has been rated down from a Neutral to an Underweight and the price target has been revised to $176 from $217. Analysts at Mizuho started covering the stock with ‘”a Buy”‘ outlook in a report released in late March. As of March 08, 2024, BofA Securities has decreased its “Buy” rating to a “Neutral” for MTN. Earlier on September 27, 2023, Morgan Stanley initiated its rating. Their recommendation was “an Equal-weight” for MTN stock.

Analyzing MTN Stock Performance

During the last five days, there has been a surge of approximately 4.92%. Over the course of the year, Vail Resorts Inc. shares have dropped approximately -12.41%. Shares of the company reached a 52-week high of $236.92 on 02/22/24 and a 52-week low of $165.14 on 06/07/24. A 50-day SMA is recorded $178.91, while a 200-day SMA reached $202.44. Nevertheless, trading volume fell to 0.58 million shares from 0.41 million shares the previous day.

Support And Resistance Levels for Vail Resorts Inc. (MTN)

According to the 24-hour chart, there is a support level at 184.95, which, if violated, would cause prices to drop to 182.92. In the upper region, resistance lies at 188.42. The next price resistance is at 189.86. RSI (Relative Strength Index) is 63.32 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.03, which suggests the price will increase in the coming days. Percent R is at 13.72%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular