The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Valvoline Inc shares valued at $76,560 were sold by Dobbins Robert Travis on Dec 11 ’24. At $40.00 per share, Dobbins Robert Travis sold 1,914 shares. The insider’s holdings dropped to 14,956 shares worth approximately $0.54 million following the completion of this transaction.
Also, Dobbins Robert Travis purchased 1,914 shares, netting a total of over 76,560 in proceeds.
Before that, Flees Lori Ann had added 2,500 shares to its account. In a trade valued at $99,100, the President & CEO bought Valvoline Inc shares for $39.64 each. Upon closing the transaction, the insider’s holdings increased to 2,500 shares, worth approximately $1.4 million.
As published in a research note from Morgan Stanley on January 21, 2025, Valvoline Inc [VVV] has been rated down from an Overweight to an Equal-weight and the price target has been revised to $38 from $42. Analysts at Stifel started covering the stock with ‘”a Hold”‘ outlook in a report released in mid December. As of October 15, 2024, Stephens has initiated its “an Overweight” rating for VVV. Earlier on August 15, 2024, Robert W. Baird initiated its rating. Their recommendation was “an Outperform” for VVV stock.
Analyzing VVV Stock Performance
During the last five days, there has been a drop of approximately -0.84%. Over the course of the year, Valvoline Inc shares have jumped approximately 0.58%. Shares of the company reached a 52-week high of $37.10 on 01/15/25 and a 52-week low of $33.90 on 01/10/25. A 50-day SMA is recorded $38.10, while a 200-day SMA reached $41.04. Nevertheless, trading volume fell to 1.95 million shares from 1.17 million shares the previous day.
Support And Resistance Levels for Valvoline Inc (VVV)
According to the 24-hour chart, there is a support level at 35.99, which, if violated, would cause prices to drop to 35.60. In the upper region, resistance lies at 36.63. The next price resistance is at 36.87. RSI (Relative Strength Index) is 47.53 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.49, which suggests the price will decrease in the coming days. Percent R is at 22.31%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
