In a filing, Valvoline Inc revealed its Chief Technology Officer Dobbins Robert Travis unloaded Company’s shares for reported $76560.0 on Dec 11 ’24. In the deal valued at $40.00 per share,1,914 shares were sold. As a result of this transaction, Dobbins Robert Travis now holds 14,956 shares worth roughly $0.53 million.
Then, Dobbins Robert Travis bought 1,914 shares, generating $76,560 in total proceeds.
Before that, Flees Lori Ann bought 2,500 shares. Valvoline Inc shares valued at $99,100 were divested by the President & CEO at a price of $39.64 per share. As a result of the transaction, Flees Lori Ann now holds 38,428 shares, worth roughly $1.36 million.
Stifel initiated its Valvoline Inc [VVV] rating to a Hold in a research note published on December 20, 2024; the price target was $42. A number of analysts have revised their coverage, including Stephens’s analysts, who began to cover the stock in mid October with a ‘”an Overweight”‘ rating. Robert W. Baird began covering VVV with “an Outperform” recommendation on August 15, 2024. Piper Sandler started covering the stock on June 12, 2024. It rated VVV as “an Overweight”.
Price Performance Review of VVV
On Monday, Valvoline Inc [NYSE:VVV] saw its stock fall -1.12% to $35.41. Over the last five days, the stock has lost -2.64%. Valvoline Inc shares have fallen nearly -2.13% since the year began. Nevertheless, the stocks have risen 1.06% over the past one year. While a 52-week high of $48.26 was reached on 01/02/25, a 52-week low of $33.86 was recorded on 01/06/25. SMA at 50 days reached $39.35, while 200 days put it at $41.49.
Levels Of Support And Resistance For VVV Stock
The 24-hour chart illustrates a support level at 35.08, which if violated will result in even more drops to 34.75. On the upside, there is a resistance level at 36.04. A further resistance level may holdings at 36.68. The Relative Strength Index (RSI) on the 14-day chart is 28.91, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.83, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 99.18%. Stochastics %K at 4.02% indicates the stock is a buying.
How much short interest is there in Valvoline Inc?
A steep rise in short interest was recorded in Valvoline Inc stocks on 2024-10-31, dropping by -0.24 million shares to a total of 6.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7.17 million shares. There was a decline of -3.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 19, 2024 when Mizuho began covering the stock and recommended ‘”a Buy”‘ rating along with a $50 price target.
