Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. VICI Properties Inc shares valued at $420,125 were sold by Wasserman Gabriel on Sep 12 ’24. At $33.61 per share, Wasserman Gabriel sold 12,500 shares. The insider’s holdings dropped to 33,187 shares worth approximately $0.96 million following the completion of this transaction.
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Also, ABRAHAMSON JAMES R purchased 7,000 shares, netting a total of over 201,530 in proceeds. Following the buying of shares at $28.79 each, the insider now holds 146,342 shares.
Before that, ABRAHAMSON JAMES R had added 3,000 shares to its account. In a trade valued at $86,550, the Director bought VICI Properties Inc shares for $28.85 each. Upon closing the transaction, the insider’s holdings increased to 3,000 shares, worth approximately $4.03 million.
As published in a research note from KeyBanc Capital Markets on December 17, 2024, VICI Properties Inc [VICI] has been rated down from an Overweight to a Sector weight. Analysts at Goldman started covering the stock with ‘”a Buy”‘ outlook in a report released in early December. As of October 03, 2023, Wedbush has initiated its “Neutral” rating for VICI. Earlier on September 21, 2023, Wells Fargo initiated its rating. Their recommendation was “an Overweight” for VICI stock.
Analyzing VICI Stock Performance
During the last five days, there has been a drop of approximately -7.67%. Over the course of the year, VICI Properties Inc shares have dropped approximately -9.32%. Shares of the company reached a 52-week high of $34.29 on 09/16/24 and a 52-week low of $27.08 on 04/16/24. A 50-day SMA is recorded $31.91, while a 200-day SMA reached $30.60. Nevertheless, trading volume fell to 6.06 million shares from 8.3 million shares the previous day.
Support And Resistance Levels for VICI Properties Inc (VICI)
According to the 24-hour chart, there is a support level at 28.44, which, if violated, would cause prices to drop to 27.98. In the upper region, resistance lies at 29.81. The next price resistance is at 30.72. RSI (Relative Strength Index) is 19.11 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.33, which suggests the price will decrease in the coming days. Percent R is at 99.28%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.