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Keeping an Eye on Vertiv Holdings Co (VRT) After Insider Trading Activity

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In a filing, Vertiv Holdings Co revealed its EVP, Man., Logistics and Op Ex Karlborg Anders unloaded Company’s shares for reported $5.07 million on Dec 02 ’24. In the deal valued at $128.98 per share,39,339 shares were sold. As a result of this transaction, Karlborg Anders now holds 22,502 shares worth roughly $2.84 million.

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Then, Karlborg Anders bought 39,339 shares, generating $5,074,012 in total proceeds.

Before that, Liang Stephen sold 86,619 shares. Vertiv Holdings Co shares valued at $11,352,915 were divested by the Chief Technology Officer & EVP at a price of $131.07 per share. As a result of the transaction, Liang Stephen now holds 19,551 shares, worth roughly $2.47 million.

UBS initiated its Vertiv Holdings Co [VRT] rating to a Buy in a research note published on November 13, 2024; the price target was $155. A number of analysts have revised their coverage, including Jefferies’s analysts, who began to cover the stock in early October with a ‘”a Buy”‘ rating. Mizuho also remained covering VRT and has increased its forecast on August 07, 2024 with a “an Outperform” recommendation from previously “Neutral” rating. Oppenheimer started covering the stock on April 05, 2024. It rated VRT as “an Outperform”.

Price Performance Review of VRT

On Monday, Vertiv Holdings Co [NYSE:VRT] saw its stock fall -5.74% to $126.17. Over the last five days, the stock has lost -0.69%. Vertiv Holdings Co shares have risen nearly 162.69% since the year began. Nevertheless, the stocks have risen 179.51% over the past one year. While a 52-week high of $145.67 was reached on 11/21/24, a 52-week low of $44.14 was recorded on 01/03/24. SMA at 50 days reached $118.08, while 200 days put it at $93.11.

Levels Of Support And Resistance For VRT Stock

The 24-hour chart illustrates a support level at 120.82, which if violated will result in even more drops to 115.48. On the upside, there is a resistance level at 132.53. A further resistance level may holdings at 138.90. The Relative Strength Index (RSI) on the 14-day chart is 50.44, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 81.83%. Stochastics %K at 43.86% indicates the stock is a holding.

How much short interest is there in Vertiv Holdings Co?

A steep rise in short interest was recorded in Vertiv Holdings Co stocks on 2024-11-15, dropping by -1.36 million shares to a total of 16.66 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-15 was 18.02 million shares. There was a decline of -8.14%, which implies that there is a negative sentiment for the stock.

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