In a filing, Vornado Realty Trust revealed its Director WIGHT RUSSELL B JR unloaded Company’s shares for reported $89728.0 on Dec 10 ’24. In the deal valued at $44.86 per share,2,000 shares were sold. As a result of this transaction, WIGHT RUSSELL B JR now holds 1,034 shares worth roughly $40718.920000000006.
Then, ZACHARY BACON WIGHT bought 2,000 shares, generating $89,728 in total proceeds.
Before that, WIGHT RUSSELL B JR sold 2,000 shares. Vornado Realty Trust shares valued at $56,387 were divested by the Director at a price of $28.19 per share. As a result of the transaction, WIGHT RUSSELL B JR now holds 3,034 shares, worth roughly $0.12 million.
Mizuho upgraded its Vornado Realty Trust [VNO] rating to an Outperform from a a Neutral in a research note published on January 07, 2025; the price target was increased to $48 from $38. A number of analysts have revised their coverage, including Evercore ISI’s analysts, who increased its forecast for the stock in mid August from “an Underperform” to “an Outperform”. Piper Sandler also remained covering VNO and has increased its forecast on August 08, 2024 with a “Neutral” recommendation from previously “an Underweight” rating. BMO Capital Markets revised its rating on August 08, 2024. It rated VNO as “an Outperform” which previously was an “a Market perform”.
Price Performance Review of VNO
On Tuesday, Vornado Realty Trust [NYSE:VNO] saw its stock jump 1.76% to $39.38. Over the last five days, the stock has lost -5.86%. Vornado Realty Trust shares have fallen nearly -6.33% since the year began. Nevertheless, the stocks have risen 54.25% over the past one year. While a 52-week high of $46.63 was reached on 02/11/25, a 52-week low of $22.42 was recorded on 01/13/25. SMA at 50 days reached $41.73, while 200 days put it at $35.70.
Levels Of Support And Resistance For VNO Stock
The 24-hour chart illustrates a support level at 38.76, which if violated will result in even more drops to 38.13. On the upside, there is a resistance level at 39.94. A further resistance level may holdings at 40.51. The Relative Strength Index (RSI) on the 14-day chart is 38.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -2.46, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.94%. Stochastics %K at 6.87% indicates the stock is a buying.
