Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. DaVita Inc shares valued at $77,471,996 were sold by BERKSHIRE HATHAWAY INC on Feb 14 ’25. At $154.94 per share, BERKSHIRE HATHAWAY INC sold 500,000 shares. The insider’s holdings dropped to 35,392,479 shares worth approximately $5.16 billion following the completion of this transaction.
Also, BERKSHIRE HATHAWAY INC sold 129,938 shares, netting a total of over 20,022,517 in proceeds. Following the sale of shares at $154.09 each, the insider now holds 35,142,479 shares.
Before that, BERKSHIRE HATHAWAY INC had sold 120,062 shares from its account. In a trade valued at $18,561,103, the 10% Owner traded DaVita Inc shares for $154.60 each. Upon closing the transaction, the insider’s holdings decreased to 120,062 shares, worth approximately $5.15 billion.
As published in their initiating research note from Barclays on March 06, 2024, DaVita Inc [DVA] has been an Equal weight and the price target has been revised to $133. Analysts at UBS upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in early August. As of November 01, 2022, Deutsche Bank has decreased its “Buy” rating to a “Hold” for DVA. Earlier on October 31, 2022, UBS downgraded its rating. Their new recommendation was “a Neutral” for DVA stock which previously was a “a Buy”.
Analyzing DVA Stock Performance
During the last five days, there has been a drop of approximately -15.16%. Over the course of the year, DaVita Inc shares have dropped approximately -2.43%. Shares of the company reached a 52-week high of $179.60 on 01/31/25 and a 52-week low of $144.00 on 02/20/25. A 50-day SMA is recorded $161.26, while a 200-day SMA reached $152.19. Nevertheless, trading volume fell to 2.3 million shares from 1.24 million shares the previous day.
Support And Resistance Levels for DaVita Inc (DVA)
According to the 24-hour chart, there is a support level at 141.77, which, if violated, would cause prices to drop to 137.62. In the upper region, resistance lies at 152.30. The next price resistance is at 158.69. RSI (Relative Strength Index) is 27.52 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -16.79, which suggests the price will decrease in the coming days. Percent R is at 94.61%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
