Zions Bancorporation N.A’s recently made public that its President MCLEAN SCOTT J unloaded Company’s shares for reported $53329.0 on Dec 17 ’24. In the deal valued at $59.92 per share,890 shares were sold. As a result of this transaction, MCLEAN SCOTT J now holds 73,396 shares worth roughly $3.99 million.
Then, STEPHENS STEVEN DAN sold 388 shares, generating $23,249 in total proceeds. Upon selling the shares at $59.92, the Executive Vice President now owns 45,136 shares.
Before that, Miller Rena A. sold 116 shares. Zions Bancorporation N.A shares valued at $6,951 were divested by the Executive VP & General Counsel at a price of $59.92 per share. As a result of the transaction, Miller Rena A. now holds 6,660 shares, worth roughly $0.36 million.
A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late September from “an Underweight” to “an Equal-weight”. Argus also remained covering ZION and has decreased its forecast on July 25, 2024 with a “Hold” recommendation from previously “Buy” rating. Deutsche Bank started covering the stock on April 10, 2024. It rated ZION as “a Hold”.
Price Performance Review of ZION
On Monday, Zions Bancorporation N.A [NASDAQ:ZION] saw its stock fall -0.66% to $54.32. Over the last five days, the stock has gained 1.21%. Zions Bancorporation N.A shares have risen nearly 23.82% since the year began. Nevertheless, the stocks have risen 21.63% over the past one year. While a 52-week high of $63.22 was reached on 11/25/24, a 52-week low of $37.76 was recorded on 02/01/24. SMA at 50 days reached $56.46, while 200 days put it at $47.76.
Levels Of Support And Resistance For ZION Stock
The 24-hour chart illustrates a support level at 53.66, which if violated will result in even more drops to 52.99. On the upside, there is a resistance level at 54.82. A further resistance level may holdings at 55.31. The Relative Strength Index (RSI) on the 14-day chart is 40.41, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.91, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.23%. Stochastics %K at 34.70% indicates the stock is a holding.
How much short interest is there in Zions Bancorporation N.A?
A steep rise in short interest was recorded in Zions Bancorporation N.A stocks on 2024-12-13, dropping by -0.25 million shares to a total of 5.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.71 million shares. There was a decline of -4.52%, which implies that there is a negative sentiment for the stock.
