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A company insider recently sold 20,000 shares of Vistra Corp [VST]. Should You Sale?

Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vistra Corp shares valued at $2,795,380 were sold by HELM SCOTT B on Dec 10 ’24. At $139.77 per share, HELM SCOTT B sold 20,000 shares. The insider’s holdings dropped to 343,350 shares worth approximately $55.21 million following the completion of this transaction.

Also, HELM SCOTT B purchased 40,000 shares, netting a total of over 5,602,610 in proceeds.

Before that, HUDSON SCOTT A had sold 115,000 shares from its account. In a trade valued at $18,878,250, the EVP & President Vistra Retail traded Vistra Corp shares for $164.16 each. Upon closing the transaction, the insider’s holdings decreased to 115,000 shares, worth approximately $41.0 million.

As published in their initiating research note from JP Morgan on October 17, 2024, Vistra Corp [VST] has been an Overweight and the price target has been revised to $178. Analysts at Exane BNP Paribas started covering the stock with ‘”an Outperform”‘ outlook in a report released in mid October. As of September 13, 2024, Jefferies has initiated its “Buy” rating for VST. Earlier on April 18, 2024, Janney initiated its rating. Their recommendation was “a Buy” for VST stock.

Analyzing VST Stock Performance

During the last five days, there has been a surge of approximately 16.64%. Over the course of the year, Vistra Corp shares have jumped approximately 16.64%. Shares of the company reached a 52-week high of $166.00 on 01/06/25 and a 52-week low of $138.26 on 01/02/25. A 50-day SMA is recorded $144.97, while a 200-day SMA reached $103.33. Nevertheless, trading volume fell to 6.91 million shares from 5.26 million shares the previous day.

Support And Resistance Levels for Vistra Corp (VST)

According to the 24-hour chart, there is a support level at 154.61, which, if violated, would cause prices to drop to 148.42. In the upper region, resistance lies at 165.00. The next price resistance is at 169.20. RSI (Relative Strength Index) is 61.71 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 15.85, which suggests the price will increase in the coming days. Percent R is at 15.10%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.

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