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Vertiv Holdings Co [VRT] Affiliate makes an insider purchase of 100,000 shares worth 14.09 million.

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Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vertiv Holdings Co shares valued at $14,094,000 were purchased by Reinemund Community Property T on Nov 20 ’24. At $140.94 per share, Reinemund Community Property T acquired 100,000 shares.

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Also, O’ Doherty Philip purchased 1,000,000 shares, netting a total of over 140,940,000 in proceeds.

Before that, Haussler Jakki L. had added 18,772 shares to its account. In a trade valued at $2,587,299, the Director bought Vertiv Holdings Co shares for $137.83 each.

As published in their initiating research note from UBS on November 13, 2024, Vertiv Holdings Co [VRT] has been a Buy and the price target has been revised to $155. Analysts at Jefferies started covering the stock with ‘”a Buy”‘ outlook in a report released in early October. As of August 07, 2024, Mizuho has increased its “Neutral” rating to a “an Outperform” for VRT. Earlier on April 05, 2024, Oppenheimer initiated its rating. Their recommendation was “an Outperform” for VRT stock.

Analyzing VRT Stock Performance

During the last five days, there has been a surge of approximately 10.45%. Over the course of the year, Vertiv Holdings Co shares have jumped approximately 186.36%. Shares of the company reached a 52-week high of $141.76 on 11/20/24 and a 52-week low of $44.31 on 01/03/24. A 50-day SMA is recorded $108.75, while a 200-day SMA reached $88.94. Nevertheless, trading volume fell to 10.53 million shares from 14.85 million shares the previous day.

Support And Resistance Levels for Vertiv Holdings Co (VRT)

According to the 24-hour chart, there is a support level at 134.05, which, if violated, would cause prices to drop to 130.55. In the upper region, resistance lies at 141.40. The next price resistance is at 145.25. RSI (Relative Strength Index) is 71.70 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 11.52, which suggests the price will increase in the coming days. Percent R is at 11.35%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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