Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Univest Financial Corp shares valued at $15,876 were purchased by Paquin Natalye on Nov 01 ’24. At $28.10 per share, Paquin Natalye acquired 565 shares. The insider’s holdings grew to 23,281 shares worth approximately $0.74 million following the completion of this transaction.
Also, Keim Michael S sold 3,633 shares, netting a total of over 104,481 in proceeds. Following the sale of shares at $28.76 each, the insider now holds 55,679 shares.
Before that, Keim Michael S had sold 1,902 shares from its account. In a trade valued at $54,068, the Senior EVP & COO traded Univest Financial Corp shares for $28.43 each. Upon closing the transaction, the insider’s holdings decreased to 1,902 shares, worth approximately $1.78 million.
As published in a research note from Keefe Bruyette on October 06, 2023, Univest Financial Corp [UVSP] has been rated down from an Outperform to a Mkt perform and the price target has been revised to $20 from $24. Analysts at Stephens downgraded the stock from ‘”an Overweight”‘ to ‘”an Equal-weight”‘ outlook in a report released in early November. As of June 01, 2020, Stephens has initiated its “an Overweight” rating for UVSP. Earlier on November 26, 2019, Raymond James initiated its rating. Their recommendation was “an Outperform” for UVSP stock.
Analyzing UVSP Stock Performance
During the last five days, there has been a surge of approximately 5.01%. Over the course of the year, Univest Financial Corp shares have jumped approximately 45.14%. Shares of the company reached a 52-week high of $32.75 on 11/25/24 and a 52-week low of $18.41 on 04/16/24. A 50-day SMA is recorded $28.88, while a 200-day SMA reached $24.39. Nevertheless, trading volume fell to 0.11 million shares from 0.11 million shares the previous day.
Support And Resistance Levels for Univest Financial Corp (UVSP)
According to the 24-hour chart, there is a support level at 31.79, which, if violated, would cause prices to drop to 31.60. In the upper region, resistance lies at 32.27. The next price resistance is at 32.56. RSI (Relative Strength Index) is 64.75 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.69, which suggests the price will decrease in the coming days. Percent R is at 22.79%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
