Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Valvoline Inc shares valued at $102,768 were sold by O’Daniel Julie Marie on Aug 21 ’24. At $41.11 per share, O’Daniel Julie Marie sold 2,500 shares. The insider’s holdings dropped to 14,044 shares worth approximately $0.6 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, O’Daniel Julie Marie purchased 2,500 shares, netting a total of over 102,768 in proceeds.
Before that, Dobbins Robert Travis had sold 2,000 shares from its account. In a trade valued at $68,973, the Chief Technology Officer traded Valvoline Inc shares for $34.49 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $0.53 million.
As published in their initiating research note from Stephens on October 15, 2024, Valvoline Inc [VVV] has been an Overweight and the price target has been revised to $49. Analysts at Robert W. Baird started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid August. As of June 12, 2024, Piper Sandler has initiated its “an Overweight” rating for VVV. Earlier on March 19, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for VVV stock.
Analyzing VVV Stock Performance
During the last five days, there has been a surge of approximately 5.31%. Over the course of the year, Valvoline Inc shares have jumped approximately 12.91%. Shares of the company reached a 52-week high of $48.26 on 07/17/24 and a 52-week low of $33.86 on 02/06/24. A 50-day SMA is recorded $40.85, while a 200-day SMA reached $41.44. Nevertheless, trading volume fell to 0.93 million shares from 1.05 million shares the previous day.
Support And Resistance Levels for Valvoline Inc (VVV)
According to the 24-hour chart, there is a support level at 41.88, which, if violated, would cause prices to drop to 41.34. In the upper region, resistance lies at 42.80. The next price resistance is at 43.17. RSI (Relative Strength Index) is 60.54 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.65, which suggests the price will decrease in the coming days. Percent R is at 14.11%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
