Evercore Inc’s filing revealed that its Director Altman Roger C acquired Company’s shares for reported $4.36 million on Feb 13 ’25. In the deal valued at $267.45 per share,16,300 shares were bought.
Then, Pensa Paul sold 1,863 shares, generating $523,922 in total proceeds. Upon selling the shares at $281.23, the Contr, Prin. Acct.Officer now owns 5,531 shares.
Before that, HYMAN EDWARD S sold 21,184 shares. Evercore Inc shares valued at $5,872,205 were divested by the Vice Chair EVR & Chairman EISI at a price of $277.20 per share. As a result of the transaction, HYMAN EDWARD S now holds 1,660,537 shares, worth roughly $447.2 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 Friday, Evercore Inc [NYSE:EVR] saw its stock jump 0.74% to $269.31. Over the last five days, the stock has lost -2.25%. Evercore Inc shares have fallen nearly -2.84% since the year began. Nevertheless, the stocks have risen 49.20% over the past one year. While a 52-week high of $324.06 was reached on 02/05/25, a 52-week low of $175.24 was recorded on 01/10/25. SMA at 50 days reached $281.89, while 200 days put it at $249.93.
Levels Of Support And Resistance For EVR Stock
The 24-hour chart illustrates a support level at 266.94, which if violated will result in even more drops to 264.56. On the upside, there is a resistance level at 271.80. A further resistance level may holdings at 274.29. The Relative Strength Index (RSI) on the 14-day chart is 40.09, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -11.47, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 75.12%. Stochastics %K at 19.79% 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 2025-01-31, growing by 0.32 million shares to a total of 0.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 0.63 million shares. There was a rise of 33.64%, which implies that there is a positive sentiment for the stock.
