Evertec Inc’s recently made public that its EVP & Chief Operating Officer Viglianco Diego unloaded Company’s shares for reported $0.64 million on Nov 15 ’24. In the deal valued at $34.50 per share,18,581 shares were sold. As a result of this transaction, Viglianco Diego now holds 41,820 shares worth roughly $1.54 million.
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Then, DIEGO G. VIGLIANCO bought 18,581 shares, generating $641,026 in total proceeds.
Before that, Schuessler Morgan M sold 16,325 shares. Evertec Inc shares valued at $579,840 were divested by the President & CEO at a price of $35.52 per share. As a result of the transaction, Schuessler Morgan M now holds 272,102 shares, worth roughly $10.01 million.
Morgan Stanley upgraded its Evertec Inc [EVTC] rating to an Equal-weight from a an Underweight in a research note published on November 21, 2024; the price target was increased to $35 from $33. A number of analysts have revised their coverage, including Susquehanna’s analysts, who decreased its forecast for the stock in early September from “a Neutral” to “a Negative”. Susquehanna also remained covering EVTC and has decreased its forecast on January 24, 2022 with a “Neutral” recommendation from previously “Positive” rating. Morgan Stanley revised its rating on March 09, 2021. It rated EVTC as “an Underweight” which previously was an “an Equal-weight”.
Price Performance Review of EVTC
On Monday, Evertec Inc [NYSE:EVTC] saw its stock jump 1.35% to $36.80. Over the last five days, the stock has gained 5.50%. Evertec Inc shares have fallen nearly -10.11% since the year began. Nevertheless, the stocks have risen 0.74% over the past one year. While a 52-week high of $42.21 was reached on 02/15/24, a 52-week low of $28.76 was recorded on 07/09/24. SMA at 50 days reached $33.81, while 200 days put it at $35.26.
Levels Of Support And Resistance For EVTC Stock
The 24-hour chart illustrates a support level at 36.45, which if violated will result in even more drops to 36.10. On the upside, there is a resistance level at 37.21. A further resistance level may holdings at 37.62. The Relative Strength Index (RSI) on the 14-day chart is 66.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 12.73%. Stochastics %K at 88.01% indicates the stock is a selling.
How much short interest is there in Evertec Inc?
A steep rise in short interest was recorded in Evertec Inc stocks on 2024-10-31, growing by 0.15 million shares to a total of 2.7 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 2.55 million shares. There was a rise of 5.52%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 14, 2020 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $29 price target.
