Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Vail Resorts Inc shares valued at $192,005 were sold by Vaughn Peter A on Dec 16 ’24. At $192.01 per share, Vaughn Peter A sold 1,000 shares. The insider’s holdings dropped to 7,573 shares worth approximately $1.36 million following the completion of this transaction.
Also, Vaughn Peter A purchased 1,000 shares, netting a total of over 191,864 in proceeds.
Before that, Korch Angela A had added 165 shares to its account. In a trade valued at $28,561, the EVP & Chief Financial Officer bought Vail Resorts Inc shares for $173.09 each. Upon closing the transaction, the insider’s holdings increased to 165 shares, worth approximately $0.39 million.
As published in their initiating research note from UBS on November 14, 2024, Vail Resorts Inc [MTN] has been a Neutral and the price target has been revised to $185. Analysts at JP Morgan downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in early June. As of March 26, 2024, Mizuho has initiated its “Buy” rating for MTN. Earlier on March 08, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for MTN stock which previously was a “a Buy”.
Analyzing MTN Stock Performance
During the last five days, there has been a drop of approximately -0.05%. Over the course of the year, Vail Resorts Inc shares have dropped approximately -3.95%. Shares of the company reached a 52-week high of $187.71 on 01/02/25 and a 52-week low of $173.54 on 01/03/25. A 50-day SMA is recorded $183.06, while a 200-day SMA reached $185.03. Nevertheless, trading volume fell to 1.14 million shares from 0.52 million shares the previous day.
Support And Resistance Levels for Vail Resorts Inc (MTN)
According to the 24-hour chart, there is a support level at 176.76, which, if violated, would cause prices to drop to 173.46. In the upper region, resistance lies at 184.38. The next price resistance is at 188.70. RSI (Relative Strength Index) is 45.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.12, which suggests the price will decrease in the coming days. Percent R is at 63.90%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
