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Potential Price Increase for Equifax, Inc (EFX) After Recent Insider Activity

Equifax, Inc’s recent filing unveils that its Officer Begor Mark W acquired Company’s shares for reported $5.6 million on Feb 13 ’25. In the deal valued at $252.63 per share,22,161 shares were bought.

Then, Nelson Lisa M sold 552 shares, generating $136,995 in total proceeds. Upon selling the shares at $248.18, the EVP, President International now owns 13,653 shares.

Before that, Farshchi Jamil sold 18,911 shares. Equifax, Inc shares valued at $4,693,332 were divested by the EVP, CISO & CTO at a price of $248.18 per share. As a result of the transaction, Farshchi Jamil now holds 39,252 shares, worth roughly $9.79 million.

Argus downgraded its Equifax, Inc [EFX] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Exane BNP Paribas’s analysts, who increased its forecast for the stock in mid December from “a Neutral” to “an Outperform”. Morgan Stanley also remained covering EFX and has increased its forecast on December 12, 2024 with a “an Overweight” recommendation from previously “an Equal-weight” rating. Wolfe Research revised its rating on December 12, 2024. It rated EFX as “a Peer perform” which previously was an “an Outperform”.

Price Performance Review of EFX

On Friday, Equifax, Inc [NYSE:EFX] saw its stock fall -0.55% to $249.50. Over the last five days, the stock has gained 0.49%. Equifax, Inc shares have fallen nearly -2.10% since the year began. Nevertheless, the stocks have risen 0.63% over the past one year. While a 52-week high of $309.63 was reached on 01/27/25, a 52-week low of $213.02 was recorded on 01/10/25. SMA at 50 days reached $260.59, while 200 days put it at $264.91.

Levels Of Support And Resistance For EFX Stock

The 24-hour chart illustrates a support level at 247.38, which if violated will result in even more drops to 245.26. On the upside, there is a resistance level at 253.39. A further resistance level may holdings at 257.28. The Relative Strength Index (RSI) on the 14-day chart is 39.99, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -9.75, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 87.70%. Stochastics %K at 17.79% indicates the stock is a buying.

How much short interest is there in Equifax, Inc?

A steep rise in short interest was recorded in Equifax, Inc stocks on 2025-01-31, dropping by -0.23 million shares to a total of 2.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 2.39 million shares. There was a decline of -10.46%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on October 01, 2024 when UBS began covering the stock and recommended ‘”a Buy”‘ rating along with a $360 price target.

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