Vertiv Holdings Co’s recently made public that its EVP, Man., Logistics and Op Ex Karlborg Anders unloaded Company’s shares for reported $5.07 million on Dec 02 ’24. In the deal valued at $128.98 per share,39,339 shares were sold. As a result of this transaction, Karlborg Anders now holds 22,502 shares worth roughly $ 2.43 million.
Then, Karlborg Anders bought 39,339 shares, generating $5,074,012 in total proceeds.
Before that, Liang Stephen sold 86,619 shares. Vertiv Holdings Co shares valued at $11,352,915 were divested by the Chief Technology Officer & EVP at a price of $131.07 per share. As a result of the transaction, Liang Stephen now holds 19,551 shares, worth roughly $2.11 million.
Melius downgraded its Vertiv Holdings Co [VRT] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who began to cover the stock in early January with a ‘”an Overweight”‘ rating. Barclays began covering VRT with “an Equal weight” recommendation on December 12, 2024. UBS started covering the stock on November 13, 2024. It rated VRT as “a Buy”.
Price Performance Review of VRT
On Friday, Vertiv Holdings Co [NYSE:VRT] saw its stock fall -1.13% to $108.05. Over the last five days, the stock has lost -10.98%. Vertiv Holdings Co shares have fallen nearly -4.89% since the year began. Nevertheless, the stocks have risen 72.80% over the past one year. While a 52-week high of $155.84 was reached on 01/24/25, a 52-week low of $55.00 was recorded on 01/28/25. SMA at 50 days reached $123.46, while 200 days put it at $103.06.
Levels Of Support And Resistance For VRT Stock
The 24-hour chart illustrates a support level at 106.17, which if violated will result in even more drops to 104.30. On the upside, there is a resistance level at 109.61. A further resistance level may holdings at 111.18. The Relative Strength Index (RSI) on the 14-day chart is 40.32, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.48, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 63.65%. Stochastics %K at 33.50% indicates the stock is a holding.
How much short interest is there in Vertiv Holdings Co?
A steep rise in short interest was recorded in Vertiv Holdings Co stocks on 2025-01-31, growing by 1.26 million shares to a total of 14.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 13.15 million shares. There was a rise of 8.77%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on October 07, 2024 when Jefferies began covering the stock and recommended ‘”a Buy”‘ rating along with a $125 price target.
