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Insider Sale Alert: VICI Properties Inc [VICI] – Is it Time to sell?

In a filing, VICI Properties Inc revealed its Chief Accounting Officer Wasserman Gabriel unloaded Company’s shares for reported $0.42 million on Sep 12 ’24. In the deal valued at $33.61 per share,12,500 shares were sold. As a result of this transaction, Wasserman Gabriel now holds 33,187 shares worth roughly $0.97 million.

Then, ABRAHAMSON JAMES R bought 7,000 shares, generating $201,530 in total proceeds. Upon buying the shares at $28.79, the Director now owns 146,342 shares.

Before that, ABRAHAMSON JAMES R bought 3,000 shares. VICI Properties Inc shares valued at $86,550 were divested by the Director at a price of $28.85 per share. As a result of the transaction, ABRAHAMSON JAMES R now holds 139,342 shares, worth roughly $4.08 million.

Wedbush upgraded its VICI Properties Inc [VICI] rating to an Outperform from a a Neutral in a research note published on January 02, 2025; the price target was decreased to $33 from $34. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “a Sector weight”. Goldman began covering VICI with “Buy” recommendation on December 08, 2023. Wedbush started covering the stock on October 03, 2023. It rated VICI as “a Neutral”.

Price Performance Review of VICI

On Tuesday, VICI Properties Inc [NYSE:VICI] saw its stock fall -1.05% to $29.25. Over the last five days, the stock has gained 0.83%. VICI Properties Inc shares have risen nearly 0.14% since the year began. Nevertheless, the stocks have fallen -7.67% over the past one year. While a 52-week high of $34.29 was reached on 01/07/25, a 52-week low of $27.08 was recorded on 01/03/25. SMA at 50 days reached $31.03, while 200 days put it at $30.60.

Levels Of Support And Resistance For VICI Stock

The 24-hour chart illustrates a support level at 28.89, which if violated will result in even more drops to 28.52. On the upside, there is a resistance level at 29.77. A further resistance level may holdings at 30.30. The Relative Strength Index (RSI) on the 14-day chart is 38.75, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.30, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 53.08%. Stochastics %K at 42.99% indicates the stock is a holding.

How much short interest is there in VICI Properties Inc?

A steep rise in short interest was recorded in VICI Properties Inc stocks on 2024-12-13, growing by 3.33 million shares to a total of 25.76 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 22.43 million shares. There was a rise of 12.91%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on September 21, 2023 when Wells Fargo began covering the stock and recommended ‘”an Overweight”‘ rating along with a $36 price target.

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