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. Vital Farms Inc shares valued at $938,133 were sold by OHAYER MATTHEW on Oct 21 ’24. At $39.09 per share, OHAYER MATTHEW sold 24,000 shares. The insider’s holdings dropped to 7,194,777 shares worth approximately $258.72 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, MATTHEW O’HAYER purchased 24,000 shares, netting a total of over 968,400 in proceeds.
Before that, Diez-Canseco Russell had sold 44,653 shares from its account. In a trade valued at $1,789,246, the PRESIDENT AND CEO traded Vital Farms Inc shares for $40.07 each. Upon closing the transaction, the insider’s holdings decreased to 44,653 shares, worth approximately $19.32 million.
As published in a research note from TD Cowen on August 09, 2024, Vital Farms Inc [VITL] has been rated up from a Hold to a Buy and the price target has been revised to $44. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early May. As of April 10, 2024, William Blair has initiated its “an Outperform” rating for VITL. Earlier on December 08, 2023, DA Davidson initiated its rating. Their recommendation was “a Buy” for VITL stock.
Analyzing VITL Stock Performance
During the last five days, there has been a drop of approximately -12.10%. Over the course of the year, Vital Farms Inc shares have jumped approximately 129.19%. Shares of the company reached a 52-week high of $48.41 on 07/01/24 and a 52-week low of $14.16 on 01/19/24. A 50-day SMA is recorded $34.21, while a 200-day SMA reached $30.38. Nevertheless, trading volume fell to 2.21 million shares from 1.32 million shares the previous day.
Support And Resistance Levels for Vital Farms Inc (VITL)
According to the 24-hour chart, there is a support level at 34.78, which, if violated, would cause prices to drop to 33.60. In the upper region, resistance lies at 37.66. The next price resistance is at 39.36. RSI (Relative Strength Index) is 44.55 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.22, which suggests the price will decrease in the coming days. Percent R is at 89.47%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
