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Investing in Vertiv Holdings Co (VRT) Is Getting More Attractive

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 $2.83 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 $2.46 million.

Barclays initiated its Vertiv Holdings Co [VRT] rating to an Equal weight in a research note published on December 12, 2024; the price target was $142. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid November with a ‘”a Buy”‘ rating. Jefferies began covering VRT with “Buy” recommendation on October 07, 2024. Mizuho revised its rating on August 07, 2024. It rated VRT as “an Outperform” which previously was an “a Neutral”.

Price Performance Review of VRT

On Monday, Vertiv Holdings Co [NYSE:VRT] saw its stock jump 0.15% to $125.97. Over the last five days, the stock has lost -0.16%. Vertiv Holdings Co shares have risen nearly 162.27% since the year began. Nevertheless, the stocks have risen 166.66% over the past one year. While a 52-week high of $145.67 was reached on 11/21/24, a 52-week low of $44.31 was recorded on 01/03/24. SMA at 50 days reached $120.42, while 200 days put it at $94.55.

Levels Of Support And Resistance For VRT Stock

The 24-hour chart illustrates a support level at 123.97, which if violated will result in even more drops to 121.97. On the upside, there is a resistance level at 127.59. A further resistance level may holdings at 129.21. The Relative Strength Index (RSI) on the 14-day chart is 50.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 67.50%. Stochastics %K at 25.58% 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 2024-11-29, dropping by -3.28 million shares to a total of 15.17 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 18.44 million shares. There was a decline of -21.61%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on April 05, 2024 when Oppenheimer began covering the stock and recommended ‘”an Outperform”‘ rating along with a $96 price target.

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