VSE Corp’s recently made public that its Former 10% shareholder within KOONCE CALVIN SCOTT acquired Company’s shares for reported $52.18 million on Nov 11 ’24. In the deal valued at $114.42 per share,456,000 shares were bought.
Then, Koonce Janet B. bought 20,000 shares, generating $2,044,800 in total proceeds.
Before that, KOONCE CALVIN SCOTT bought 326,800 shares. VSE Corp shares valued at $34,575,440 were divested by the Former 10% shareholder within at a price of $105.80 per share.
Jefferies initiated its VSE Corp [VSEC] rating to a Buy in a research note published on August 14, 2024; the price target was $100. A number of analysts have revised their coverage, including Stifel’s analysts, who began to cover the stock in late June with a ‘”a Buy”‘ rating. RBC Capital Mkts also remained covering VSEC and has increased its forecast on May 02, 2023 with a “an Outperform” recommendation from previously “Sector perform” rating. RBC Capital Mkts revised its rating on May 18, 2022. It rated VSEC as “a Sector perform” which previously was an “an Outperform”.
Price Performance Review of VSEC
On Friday, VSE Corp [NASDAQ:VSEC] saw its stock jump 4.50% to $97.28. Over the last five days, the stock has lost -7.95%. VSE Corp shares have risen nearly 2.29% since the year began. Nevertheless, the stocks have risen 45.06% over the past one year. While a 52-week high of $123.92 was reached on 02/10/25, a 52-week low of $67.18 was recorded on 01/10/25. SMA at 50 days reached $102.93, while 200 days put it at $93.76.
Levels Of Support And Resistance For VSEC Stock
The 24-hour chart illustrates a support level at 93.26, which if violated will result in even more drops to 89.25. On the upside, there is a resistance level at 99.58. A further resistance level may holdings at 101.89. The Relative Strength Index (RSI) on the 14-day chart is 41.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 65.72%. Stochastics %K at 16.83% indicates the stock is a buying.
How much short interest is there in VSE Corp?
A steep rise in short interest was recorded in VSE Corp stocks on 2025-01-31, growing by 0.15 million shares to a total of 1.69 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.54 million shares. There was a rise of 8.62%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 22, 2021 when RBC Capital Mkts began covering the stock and recommended ‘”an Outperform”‘ rating along with a $60 price target.
