Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vertiv Holdings Co shares valued at $5,073,944 were sold by Karlborg Anders on Dec 02 ’24. At $128.98 per share, Karlborg Anders sold 39,339 shares. The insider’s holdings dropped to 22,502 shares worth approximately $2.98 million following the completion of this transaction.
Also, Karlborg Anders purchased 39,339 shares, netting a total of over 5,074,012 in proceeds.
Before that, Liang Stephen had sold 86,619 shares from its account. In a trade valued at $11,352,915, the Chief Technology Officer & EVP traded Vertiv Holdings Co shares for $131.07 each. Upon closing the transaction, the insider’s holdings decreased to 86,619 shares, worth approximately $2.59 million.
As published in their initiating research note from Morgan Stanley on January 06, 2025, Vertiv Holdings Co [VRT] has been an Overweight and the price target has been revised to $150. Analysts at Barclays started covering the stock with ‘”an Equal weight”‘ outlook in a report released in mid December. As of November 13, 2024, UBS has initiated its “Buy” rating for VRT. Earlier on October 07, 2024, Jefferies initiated its rating. Their recommendation was “a Buy” for VRT stock.
Analyzing VRT Stock Performance
During the last five days, there has been a surge of approximately 2.57%. Over the course of the year, Vertiv Holdings Co shares have jumped approximately 16.71%. Shares of the company reached a 52-week high of $136.22 on 01/16/25 and a 52-week low of $114.88 on 01/02/25. A 50-day SMA is recorded $125.31, while a 200-day SMA reached $99.22. Nevertheless, trading volume fell to 4.43 million shares from 4.27 million shares the previous day.
Support And Resistance Levels for Vertiv Holdings Co (VRT)
According to the 24-hour chart, there is a support level at 130.73, which, if violated, would cause prices to drop to 128.87. In the upper region, resistance lies at 135.33. The next price resistance is at 138.08. RSI (Relative Strength Index) is 59.01 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 6.31, which suggests the price will increase in the coming days. Percent R is at 15.13%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
