KD Logo

Potential Price Increase for Revvity Inc. (RVTY) After Recent Insider Activity

In a filing, Revvity Inc. revealed its Please See Remarks Vohra Tajinder S unloaded Company’s shares for reported $0.26 million on Oct 09 ’24. In the deal valued at $121.73 per share,2,154 shares were sold. As a result of this transaction, Vohra Tajinder S now holds 19,652 shares worth roughly $2.35 million.

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, Vohra Tajinder S bought 2,154 shares, generating $262,199 in total proceeds.

Before that, Vohra Tajinder S sold 2,154 shares. Revvity Inc. shares valued at $264,057 were divested by the Please See Remarks at a price of $122.59 per share. As a result of the transaction, Vohra Tajinder S now holds 21,806 shares, worth roughly $2.61 million.

Barclays upgraded its Revvity Inc. [RVTY] rating to an Overweight from a an Equal weight in a research note published on October 15, 2024; the price target was increased to $140 from $125. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in late August with a ‘”an Equal weight”‘ rating. Leerink Partners began covering RVTY with “an Outperform” recommendation on July 08, 2024.

Price Performance Review of RVTY

On Friday, Revvity Inc. [NYSE:RVTY] saw its stock jump 0.52% to $119.67. Over the last five days, the stock has lost -1.51%. Revvity Inc. shares have risen nearly 9.48% since the year began. Nevertheless, the stocks have risen 17.81% over the past one year. While a 52-week high of $128.15 was reached on 07/31/24, a 52-week low of $79.50 was recorded on 04/18/24. SMA at 50 days reached $121.54, while 200 days put it at $111.01.

Levels Of Support And Resistance For RVTY Stock

The 24-hour chart illustrates a support level at 118.56, which if violated will result in even more drops to 117.45. On the upside, there is a resistance level at 120.48. A further resistance level may holdings at 121.29. The Relative Strength Index (RSI) on the 14-day chart is 44.14, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.62, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.74%. Stochastics %K at 11.88% indicates the stock is a buying.

How much short interest is there in Revvity Inc.?

A steep rise in short interest was recorded in Revvity Inc. stocks on 2024-09-30, dropping by -0.15 million shares to a total of 4.5 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 4.65 million shares. There was a decline of -3.35%, which implies that there is a negative sentiment for the stock.

Most Popular