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Delek US Holdings Inc (DK) receives a Peer perform rating from Wolfe Research

In a filing, Delek US Holdings Inc revealed its Executive Chairman Yemin Ezra Uzi acquired Company’s shares for reported $49500.0 on Dec 16 ’24. In the deal valued at $16.50 per share,3,000 shares were bought. As a result of this transaction, Yemin Ezra Uzi now holds 817,945 shares worth roughly $14.97 million.

Then, Soreq Avigal bought 870 shares, generating $14,990 in total proceeds. Upon buying the shares at $17.23, the President & CEO now owns 182,074 shares.

Before that, Yemin Ezra Uzi bought 672 shares. Delek US Holdings Inc shares valued at $12,750 were divested by the Executive Chairman at a price of $18.97 per share. As a result of the transaction, Yemin Ezra Uzi now holds 195,517 shares, worth roughly $3.58 million.

Wolfe Research upgraded its Delek US Holdings Inc [DK] rating to a Peer perform from a an Underperform in a research note published recently. Mizuho also remained covering DK and has increased its forecast on September 16, 2024 with a “Neutral” recommendation from previously “an Underperform” rating. JP Morgan revised its rating on September 10, 2024. It rated DK as “a Neutral” which previously was an “an Underweight”.

Price Performance Review of DK

On Monday, Delek US Holdings Inc [NYSE:DK] saw its stock fall -1.72% to $18.30. Over the last five days, the stock has gained 5.54%. Delek US Holdings Inc shares have fallen nearly -1.08% since the year began. Nevertheless, the stocks have fallen -29.94% over the past one year. While a 52-week high of $33.60 was reached on 01/06/25, a 52-week low of $15.36 was recorded on 01/06/25. SMA at 50 days reached $17.75, while 200 days put it at $22.41.

Levels Of Support And Resistance For DK Stock

The 24-hour chart illustrates a support level at 17.92, which if violated will result in even more drops to 17.54. On the upside, there is a resistance level at 18.91. A further resistance level may holdings at 19.52. The Relative Strength Index (RSI) on the 14-day chart is 55.08, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.18, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 25.77%. Stochastics %K at 85.15% indicates the stock is a selling.

How much short interest is there in Delek US Holdings Inc?

A steep rise in short interest was recorded in Delek US Holdings Inc stocks on 2024-12-13, dropping by 25945.0 shares to a total of 9.05 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 9.07 million shares. There was a decline of -0.29%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 08, 2024 when TD Cowen resumed its ‘”a Sell”‘ rating for the stock and retained the price target to $18.

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