KD Logo

Recent Insider Activity Suggests Potential Gains for Zoetis Inc (ZTS)

NUE

In a filing, Zoetis Inc revealed its Executive Vice President Polzer Robert J unloaded Company’s shares for reported $0.62 million on Nov 25 ’24. In the deal valued at $177.46 per share,3,477 shares were sold. As a result of this transaction, Polzer Robert J now holds 3,249 shares worth roughly $0.55 million.

Then, Polzer Robert J bought 3,477 shares, generating $617,029 in total proceeds.

Before that, Lagano Roxanne sold 923 shares. Zoetis Inc shares valued at $139,530 were divested by the Executive Vice President at a price of $151.17 per share. As a result of the transaction, Lagano Roxanne now holds 14,800 shares, worth roughly $2.52 million.

Leerink Partners initiated its Zoetis Inc [ZTS] rating to an Outperform in a research note published on December 02, 2024; the price target was $215. A number of analysts have revised their coverage, including BTIG Research’s analysts, who began to cover the stock in late July with a ‘”a Buy”‘ rating. Stifel also remained covering ZTS and reiterated its “Buy” recommendation on January 12, 2024.

Price Performance Review of ZTS

On Tuesday, Zoetis Inc [NYSE:ZTS] saw its stock fall -1.51% to $170.42. Over the last five days, the stock has gained 1.73%. Zoetis Inc shares have risen nearly 4.60% since the year began. Nevertheless, the stocks have fallen -9.02% over the past one year. While a 52-week high of $200.53 was reached on 01/28/25, a 52-week low of $144.80 was recorded on 01/03/25. SMA at 50 days reached $170.80, while 200 days put it at $176.15.

Levels Of Support And Resistance For ZTS Stock

The 24-hour chart illustrates a support level at 168.28, which if violated will result in even more drops to 166.13. On the upside, there is a resistance level at 173.75. A further resistance level may holdings at 177.07. The Relative Strength Index (RSI) on the 14-day chart is 54.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 3.67, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 33.24%. Stochastics %K at 83.44% indicates the stock is a selling.

How much short interest is there in Zoetis Inc?

A steep rise in short interest was recorded in Zoetis Inc stocks on 2025-01-15, growing by 0.87 million shares to a total of 7.12 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 6.26 million shares. There was a rise of 12.18%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on December 07, 2023 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $237 price target.

Most Popular