KD Logo

VCYT Shares Experience Surge in Value

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Veracyte Inc shares valued at $182,263 were sold by JONES EVAN/ FA on Sep 19 ’24. At $35.23 per share, JONES EVAN/ FA sold 5,173 shares. The insider’s holdings dropped to 0 shares worth approximately $0.0 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, Leite John sold 5,479 shares, netting a total of over 163,159 in proceeds. Following the sale of shares at $29.78 each, the insider now holds 76,174 shares.

Before that, JOHN LEITE had added 5,479 shares to its account. In a trade valued at $165,959, the Officer bought Veracyte Inc shares for $30.29 each.

As published in a research note from Needham on February 23, 2024, Veracyte Inc [VCYT] has been retained to a Buy and the price target has been revised to $33. Analysts at Raymond James downgraded the stock from ‘”an Outperform”‘ to ‘”a Mkt perform”‘ outlook in a report released in mid January. As of January 05, 2023, Scotiabank has initiated its “Sector outperform” rating for VCYT. Earlier on January 07, 2022, Stephens initiated its rating. Their recommendation was “an Overweight” for VCYT stock.

Analyzing VCYT Stock Performance

During the last five days, there has been a drop of approximately -4.94%. Over the course of the year, Veracyte Inc shares have jumped approximately 21.81%. Shares of the company reached a 52-week high of $35.51 on 09/19/24 and a 52-week low of $18.61 on 04/18/24. A 50-day SMA is recorded $29.28, while a 200-day SMA reached $24.67. Nevertheless, trading volume fell to 0.54 million shares from 0.55 million shares the previous day.

Support And Resistance Levels for Veracyte Inc (VCYT)

According to the 24-hour chart, there is a support level at 32.95, which, if violated, would cause prices to drop to 32.39. In the upper region, resistance lies at 34.08. The next price resistance is at 34.65. RSI (Relative Strength Index) is 59.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.74, which suggests the price will decrease in the coming days. Percent R is at 28.92%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.

Most Popular