The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Marriott Vacations Worldwide Corp shares valued at $145,592 were sold by Gustafson Lori M on Nov 13 ’24. At $93.93 per share, Gustafson Lori M sold 1,550 shares. The insider’s holdings dropped to 5,628 shares worth approximately $0.51 million following the completion of this transaction.
Also, Gustafson Lori M purchased 1,550 shares, netting a total of over 145,592 in proceeds.
Before that, Marino Jason P had added 700 shares to its account. In a trade valued at $48,300, the insider bought Marriott Vacations Worldwide Corp shares for $69.00 each. Upon closing the transaction, the insider’s holdings increased to 700 shares, worth approximately $1.44 million.
As published in their initiating research note from Morgan Stanley on January 06, 2025, Marriott Vacations Worldwide Corp [VAC] has been an Underweight and the price target has been revised to $87. Analysts at Barclays upgraded the stock from ‘”an Equal weight”‘ to ‘”an Overweight”‘ outlook in a report released in mid December. As of September 18, 2024, Goldman has initiated its “Sell” rating for VAC. Earlier on March 26, 2024, Mizuho initiated its rating. Their recommendation was “a Buy” for VAC stock.
Analyzing VAC Stock Performance
During the last five days, there has been a surge of approximately 8.42%. Over the course of the year, Marriott Vacations Worldwide Corp shares have jumped approximately 1.28%. Shares of the company reached a 52-week high of $91.18 on 02/19/25 and a 52-week low of $80.11 on 02/11/25. A 50-day SMA is recorded $88.48, while a 200-day SMA reached $84.54. Nevertheless, trading volume fell to 0.55 million shares from 0.77 million shares the previous day.
Support And Resistance Levels for Marriott Vacations Worldwide Corp (VAC)
According to the 24-hour chart, there is a support level at 88.01, which, if violated, would cause prices to drop to 85.06. In the upper region, resistance lies at 92.54. The next price resistance is at 94.12. RSI (Relative Strength Index) is 61.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.62, which suggests the price will increase in the coming days. Percent R is at 2.08%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
