Evercore Inc’s filing revealed that its Contr, Prin. Acct.Officer Pensa Paul unloaded Company’s shares for reported $0.52 million on Feb 07 ’25. In the deal valued at $281.23 per share,1,863 shares were sold. As a result of this transaction, Pensa Paul now holds 5,531 shares worth roughly $1.51 million.
Then, HYMAN EDWARD S sold 21,184 shares, generating $5,872,205 in total proceeds. Upon selling the shares at $277.20, the Vice Chair EVR & Chairman EISI now owns 1,660,537 shares.
Before that, HYMAN EDWARD S sold 17,139 shares. Evercore Inc shares valued at $4,894,213 were divested by the Vice Chair EVR & Chairman EISI at a price of $285.56 per share. As a result of the transaction, HYMAN EDWARD S now holds 1,681,721 shares, worth roughly $457.75 million.
Keefe Bruyette upgraded its Evercore Inc [EVR] rating to an Outperform from a a Mkt perform in a research note published on December 20, 2024; the price target was increased to $339 from $269. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who began to cover the stock in mid September with a ‘”an Equal weight”‘ rating. Goldman also remained covering EVR and has increased its forecast on September 11, 2024 with a “Buy” recommendation from previously “Neutral” rating.
Price Performance Review of EVR
On Monday, Evercore Inc [NYSE:EVR] saw its stock fall -1.21% to $272.19. Over the last five days, the stock has lost -3.87%. Evercore Inc shares have fallen nearly -1.80% since the year began. Nevertheless, the stocks have risen 58.02% over the past one year. While a 52-week high of $324.06 was reached on 02/05/25, a 52-week low of $170.28 was recorded on 01/10/25. SMA at 50 days reached $285.19, while 200 days put it at $248.29.
Levels Of Support And Resistance For EVR Stock
The 24-hour chart illustrates a support level at 268.59, which if violated will result in even more drops to 264.99. On the upside, there is a resistance level at 276.04. A further resistance level may holdings at 279.89. The Relative Strength Index (RSI) on the 14-day chart is 39.97, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -6.21, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 88.36%. Stochastics %K at 17.17% indicates the stock is a buying.
How much short interest is there in Evercore Inc?
A steep rise in short interest was recorded in Evercore Inc stocks on 2025-01-15, growing by 0.36 million shares to a total of 0.99 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 0.63 million shares. There was a rise of 35.96%, which implies that there is a positive sentiment for the stock.
