Zions Bancorporation N.A’s filing revealed that its President MCLEAN SCOTT J unloaded Company’s shares for reported $53329.0 on Dec 17 ’24. In the deal valued at $59.92 per share,890 shares were sold. As a result of this transaction, MCLEAN SCOTT J now holds 73,396 shares worth roughly $3.91 million.
Then, STEPHENS STEVEN DAN sold 388 shares, generating $23,249 in total proceeds. Upon selling the shares at $59.92, the Executive Vice President now owns 45,136 shares.
Before that, Miller Rena A. sold 116 shares. Zions Bancorporation N.A shares valued at $6,951 were divested by the Executive VP & General Counsel at a price of $59.92 per share. As a result of the transaction, Miller Rena A. now holds 6,660 shares, worth roughly $0.36 million.
Goldman upgraded its Zions Bancorporation N.A [ZION] rating to a Buy from a a Neutral in a research note published recently. Morgan Stanley also remained covering ZION and has increased its forecast on September 30, 2024 with a “an Equal-weight” recommendation from previously “an Underweight” rating. Argus revised its rating on July 25, 2024. It rated ZION as “a Hold” which previously was an “a Buy”.
Price Performance Review of ZION
On Friday, Zions Bancorporation N.A [NASDAQ:ZION] saw its stock fall -2.79% to $53.34. Over the last five days, the stock has lost -1.35%. Zions Bancorporation N.A shares have fallen nearly -1.68% since the year began. Nevertheless, the stocks have risen 21.12% over the past one year. While a 52-week high of $63.22 was reached on 01/07/25, a 52-week low of $37.76 was recorded on 01/10/25. SMA at 50 days reached $56.87, while 200 days put it at $48.25.
Levels Of Support And Resistance For ZION Stock
The 24-hour chart illustrates a support level at 52.62, which if violated will result in even more drops to 51.90. On the upside, there is a resistance level at 54.25. A further resistance level may holdings at 55.16. The Relative Strength Index (RSI) on the 14-day chart is 37.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.14, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 69.10%. Stochastics %K at 49.85% indicates the stock is a holding.
How much short interest is there in Zions Bancorporation N.A?
A steep rise in short interest was recorded in Zions Bancorporation N.A stocks on 2024-12-13, dropping by -0.25 million shares to a total of 5.47 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 5.71 million shares. There was a decline of -4.52%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on April 10, 2024 when Deutsche Bank began covering the stock and recommended ‘”a Hold”‘ rating along with a $47 price target.
