Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. 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 $2.49 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 $2.16 million.
As published in a research note from Melius on January 28, 2025, Vertiv Holdings Co [VRT] has been rated down from a Buy to a Hold and the price target has been revised to $125. Analysts at Morgan Stanley started covering the stock with ‘”an Overweight”‘ outlook in a report released in early January. As of December 12, 2024, Barclays has initiated its “an Equal weight” rating for VRT. Earlier on November 13, 2024, UBS initiated its rating. Their recommendation was “a Buy” for VRT stock.
Analyzing VRT Stock Performance
During the last five days, there has been a drop of approximately -25.66%. Over the course of the year, Vertiv Holdings Co shares have dropped approximately -2.77%. Shares of the company reached a 52-week high of $155.84 on 01/24/25 and a 52-week low of $97.50 on 01/28/25. A 50-day SMA is recorded $127.01, while a 200-day SMA reached $101.11. Nevertheless, trading volume fell to 17.02 million shares from 24.2 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 106.78, which, if violated, would cause prices to drop to 103.10. In the upper region, resistance lies at 113.40. The next price resistance is at 116.35. RSI (Relative Strength Index) is 40.30 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -23.66, which suggests the price will decrease in the coming days. Percent R is at 77.79%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
