Vulcan Materials Co’s filing revealed that its Senior Vice President Clement David P unloaded Company’s shares for reported $0.25 million on Nov 25 ’24. In the deal valued at $285.95 per share,887 shares were sold. As a result of this transaction, Clement David P now holds 773 shares worth roughly $0.21 million.
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Then, DAVID P CLEMENT bought 887 shares, generating $253,638 in total proceeds.
Before that, Perkins Jerry F Jr sold 1,657 shares. Vulcan Materials Co shares valued at $481,491 were divested by the Senior Vice President at a price of $290.58 per share. As a result of the transaction, Perkins Jerry F Jr now holds 8,883 shares, worth roughly $2.46 million.
UBS initiated its Vulcan Materials Co [VMC] rating to a Buy in a research note published on November 07, 2024; the price target was $349. A number of analysts have revised their coverage, including JP Morgan’s analysts, who decreased its forecast for the stock in late March from “an Overweight” to “a Neutral”. Wolfe Research also remained covering VMC and has decreased its forecast on March 08, 2024 with a “Peer perform” recommendation from previously “an Outperform” rating. RBC Capital Mkts revised its rating on January 12, 2024. It rated VMC as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of VMC
On Monday, Vulcan Materials Co [NYSE:VMC] saw its stock jump 0.45% to $277.00. Over the last five days, the stock has lost -1.50%. Vulcan Materials Co shares have risen nearly 22.02% since the year began. Nevertheless, the stocks have risen 23.24% over the past one year. While a 52-week high of $298.31 was reached on 11/06/24, a 52-week low of $218.37 was recorded on 01/03/24. SMA at 50 days reached $272.13, while 200 days put it at $259.41.
Levels Of Support And Resistance For VMC Stock
The 24-hour chart illustrates a support level at 274.75, which if violated will result in even more drops to 272.49. On the upside, there is a resistance level at 278.84. A further resistance level may holdings at 280.68. The Relative Strength Index (RSI) on the 14-day chart is 46.21, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.23, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 80.41%. Stochastics %K at 19.23% indicates the stock is a buying.
How much short interest is there in Vulcan Materials Co?
A steep rise in short interest was recorded in Vulcan Materials Co stocks on 2024-11-29, growing by 0.38 million shares to a total of 1.77 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 1.39 million shares. There was a rise of 21.49%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 08, 2024 when Morgan Stanley began covering the stock and recommended ‘”an Equal-weight”‘ rating along with a $208 price target.
