Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Zions Bancorporation N.A shares valued at $267,257 were sold by ALEXANDER BRUCE K on Jul 29 ’24. At $51.83 per share, ALEXANDER BRUCE K sold 5,156 shares. The insider’s holdings dropped to 17,857 shares worth approximately $0.93 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, SHIREY TERRY ALAN sold 1,917 shares, netting a total of over 99,262 in proceeds. Following the sale of shares at $51.78 each, the insider now holds 24,640 shares.
Before that, MCLEAN SCOTT J had sold 60,000 shares from its account. In a trade valued at $3,111,000, the President traded Zions Bancorporation N.A shares for $51.85 each. Upon closing the transaction, the insider’s holdings decreased to 60,000 shares, worth approximately $2.65 million.
As published in a research note from Morgan Stanley on September 30, 2024, Zions Bancorporation N.A [ZION] has been rated up from an Underweight to an Equal-weight and the price target has been revised to $54. Analysts at Argus downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late July. As of April 10, 2024, Deutsche Bank has initiated its “Hold” rating for ZION. Earlier on January 05, 2024, Truist downgraded its rating. Their new recommendation was “a Hold” for ZION stock which previously was a “a Buy”.
Analyzing ZION Stock Performance
During the last five days, there has been a surge of approximately 2.25%. Over the course of the year, Zions Bancorporation N.A shares have jumped approximately 18.94%. Shares of the company reached a 52-week high of $53.32 on 07/23/24 and a 52-week low of $37.76 on 02/01/24. A 50-day SMA is recorded $47.90, while a 200-day SMA reached $44.15. Nevertheless, trading volume fell to 1.3 million shares from 1.71 million shares the previous day.
Support And Resistance Levels for Zions Bancorporation N.A (ZION)
According to the 24-hour chart, there is a support level at 51.72, which, if violated, would cause prices to drop to 51.27. In the upper region, resistance lies at 52.52. The next price resistance is at 52.87. RSI (Relative Strength Index) is 64.51 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.12, which suggests the price will increase in the coming days. Percent R is at 14.64%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
