Verizon Communications Inc’s recently made public that its Officer Silliman Craig L. acquired Company’s shares for reported $0.42 million on Oct 01 ’24. In the deal valued at $44.96 per share,9,259 shares were bought.
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
Then, Silliman Craig L. bought 9,259 shares, generating $388,785 in total proceeds.
Before that, Silliman Craig L. bought 9,259 shares. Verizon Communications Inc shares valued at $377,026 were divested by the Former Officer at a price of $40.72 per share.
Goldman initiated its Verizon Communications Inc [VZ] rating to a Buy in a research note published on July 01, 2024; the price target was $50. A number of analysts have revised their coverage, including Redburn Atlantic’s analysts, who increased its forecast for the stock in late March from “a Sell” to “a Neutral”. Barclays also remained covering VZ and has decreased its forecast on January 31, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. Daiwa Securities revised its rating on January 24, 2024. It rated VZ as “an Outperform” which previously was an “a Neutral”.
Price Performance Review of VZ
On Tuesday, Verizon Communications Inc [NYSE:VZ] saw its stock jump 1.27% to $43.74. Over the last five days, the stock has lost -0.61%. Verizon Communications Inc shares have risen nearly 16.02% since the year began. Nevertheless, the stocks have risen 42.61% over the past one year. While a 52-week high of $45.36 was reached on 09/30/24, a 52-week low of $30.62 was recorded on 01/11/24. SMA at 50 days reached $42.70, while 200 days put it at $40.96.
Levels Of Support And Resistance For VZ Stock
The 24-hour chart illustrates a support level at 43.28, which if violated will result in even more drops to 42.82. On the upside, there is a resistance level at 44.09. A further resistance level may holdings at 44.43. The Relative Strength Index (RSI) on the 14-day chart is 51.15, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.85, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.28%. Stochastics %K at 19.92% indicates the stock is a buying.
How much short interest is there in Verizon Communications Inc?
A steep rise in short interest was recorded in Verizon Communications Inc stocks on 2024-09-30, growing by 5.35 million shares to a total of 51.3 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 45.95 million shares. There was a rise of 10.44%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 16, 2024 when Citigroup resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $45.
