In a filing, Veralto Corp revealed its Chief Accounting Officer Skeete Bernard M unloaded Company’s shares for reported $21756.0 on Nov 26 ’24. In the deal valued at $108.78 per share,200 shares were sold. As a result of this transaction, Skeete Bernard M now holds 3,483 shares worth roughly $0.36 million.
Then, Trivedi Surekha sold 752 shares, generating $77,388 in total proceeds. Upon selling the shares at $102.91, the SVP, Strategy & Sustainability now owns 10,413 shares.
Before that, Trivedi Surekha bought 752 shares. Veralto Corp shares valued at $77,388 were divested by the Officer at a price of $102.91 per share.
Jefferies initiated its Veralto Corp [VLTO] rating to a Buy in a research note published on December 12, 2024; the price target was $125. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. TD Cowen began covering VLTO with “Hold” recommendation on June 17, 2024. Goldman started covering the stock on March 22, 2024. It rated VLTO as “a Buy”.
Price Performance Review of VLTO
On Tuesday, Veralto Corp [NYSE:VLTO] saw its stock jump 1.22% to $102.37. Over the last five days, the stock has gained 1.19%. Veralto Corp shares have risen nearly 0.51% since the year began. Nevertheless, the stocks have risen 34.56% over the past one year. While a 52-week high of $115.00 was reached on 01/02/25, a 52-week low of $73.91 was recorded on 01/13/25. SMA at 50 days reached $104.03, while 200 days put it at $102.53.
Levels Of Support And Resistance For VLTO Stock
The 24-hour chart illustrates a support level at 101.07, which if violated will result in even more drops to 99.77. On the upside, there is a resistance level at 103.08. A further resistance level may holdings at 103.79. The Relative Strength Index (RSI) on the 14-day chart is 47.54, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.73, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 39.68%. Stochastics %K at 31.79% indicates the stock is a holding.
How much short interest is there in Veralto Corp?
A steep rise in short interest was recorded in Veralto Corp stocks on 2024-12-31, growing by 0.57 million shares to a total of 4.22 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 3.65 million shares. There was a rise of 13.47%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $103 price target.
