Valvoline Inc’s recent filing unveils that its Chief Technology Officer Dobbins Robert Travis unloaded Company’s shares for reported $76560.0 on Dec 11 ’24. In the deal valued at $40.00 per share,1,914 shares were sold. As a result of this transaction, Dobbins Robert Travis now holds 14,956 shares worth roughly $0.55 million.
Then, Dobbins Robert Travis bought 1,914 shares, generating $76,560 in total proceeds.
Before that, Flees Lori Ann bought 2,500 shares. Valvoline Inc shares valued at $99,100 were divested by the President & CEO at a price of $39.64 per share. As a result of the transaction, Flees Lori Ann now holds 38,428 shares, worth roughly $1.41 million.
Morgan Stanley downgraded its Valvoline Inc [VVV] rating to an Equal-weight from a an Overweight in a research note published on January 21, 2025; the price target was decreased to $38 from $42. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in mid December with a ‘”a Hold”‘ rating. Stephens began covering VVV with “an Overweight” recommendation on October 15, 2024. Robert W. Baird started covering the stock on August 15, 2024. It rated VVV as “an Outperform”.
Price Performance Review of VVV
On Monday, Valvoline Inc [NYSE:VVV] saw its stock fall -1.24% to $36.65. Over the last five days, the stock has lost -2.55%. Valvoline Inc shares have risen nearly 1.30% since the year began. Nevertheless, the stocks have risen 0.44% over the past one year. While a 52-week high of $48.26 was reached on 01/30/25, a 52-week low of $33.86 was recorded on 01/10/25. SMA at 50 days reached $37.33, while 200 days put it at $40.86.
Levels Of Support And Resistance For VVV Stock
The 24-hour chart illustrates a support level at 36.19, which if violated will result in even more drops to 35.72. On the upside, there is a resistance level at 37.22. A further resistance level may holdings at 37.78. The Relative Strength Index (RSI) on the 14-day chart is 47.95, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.84%. Stochastics %K at 75.91% indicates the stock is a holding.
How much short interest is there in Valvoline Inc?
A steep rise in short interest was recorded in Valvoline Inc stocks on 2024-10-31, dropping by -0.24 million shares to a total of 6.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7.17 million shares. There was a decline of -3.39%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 12, 2024 when Piper Sandler began covering the stock and recommended ‘”an Overweight”‘ rating along with a $49 price target.
