US Foods Holding Corp’s filing revealed that its EVP, Chief Financial Officer Locascio Dirk J. unloaded Company’s shares for reported $0.58 million on Sep 12 ’24. In the deal valued at $57.95 per share,10,000 shares were sold. As a result of this transaction, Locascio Dirk J. now holds 88,563 shares worth roughly $5.94 million.
Then, Locascio Dirk J. bought 10,000 shares, generating $579,500 in total proceeds.
Before that, Rickard David A sold 8,365 shares. US Foods Holding Corp shares valued at $451,626 were divested by the EVP Strategy Revenue Mgmt at a price of $53.99 per share. As a result of the transaction, Rickard David A now holds 160,196 shares, worth roughly $10.74 million.
Melius initiated its US Foods Holding Corp [USFD] rating to a Buy in a research note published on December 18, 2024; the price target was $12. A number of analysts have revised their coverage, including UBS’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Piper Sandler also remained covering USFD and has increased its forecast on February 20, 2024 with a “an Overweight” recommendation from previously “Neutral” rating.
Price Performance Review of USFD
On Monday, US Foods Holding Corp [NYSE:USFD] saw its stock fall -1.41% to $67.02. Over the last five days, the stock has lost -1.69%. US Foods Holding Corp shares have fallen nearly -0.65% since the year began. Nevertheless, the stocks have risen 45.95% over the past one year. While a 52-week high of $72.84 was reached on 01/06/25, a 52-week low of $44.81 was recorded on 01/06/25. SMA at 50 days reached $67.09, while 200 days put it at $58.11.
Levels Of Support And Resistance For USFD Stock
The 24-hour chart illustrates a support level at 66.41, which if violated will result in even more drops to 65.81. On the upside, there is a resistance level at 68.06. A further resistance level may holdings at 69.11. The Relative Strength Index (RSI) on the 14-day chart is 43.98, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.98%. Stochastics %K at 28.25% indicates the stock is a holding.
How much short interest is there in US Foods Holding Corp?
A steep rise in short interest was recorded in US Foods Holding Corp stocks on 2024-12-13, growing by 0.9 million shares to a total of 4.32 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 3.42 million shares. There was a rise of 20.82%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 19, 2023 when Deutsche Bank began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
