In a filing, UL Solutions Inc revealed its insider Schjotz Gitte unloaded Company’s shares for reported $1.07 million on Dec 12 ’24. In the deal valued at $51.14 per share,21,000 shares were sold. As a result of this transaction, Schjotz Gitte now holds 45,273 shares worth roughly $2.39 million.
Then, Schjotz Gitte bought 21,000 shares, generating $1,074,039 in total proceeds.
Before that, Schjotz Gitte sold 2,726 shares. UL Solutions Inc shares valued at $143,336 were divested by the insider at a price of $52.58 per share. As a result of the transaction, Schjotz Gitte now holds 66,465 shares, worth roughly $3.51 million.
A number of analysts have revised their coverage, including Robert W. Baird’s analysts, who decreased its forecast for the stock in mid July from “an Outperform” to “a Neutral”. William Blair began covering ULS with “an Outperform” recommendation on May 07, 2024. Wells Fargo started covering the stock on May 07, 2024. It rated ULS as “an Overweight”.
Price Performance Review of ULS
On Friday, UL Solutions Inc [NYSE:ULS] saw its stock fall -0.36% to $52.82. Over the last five days, the stock has lost -6.84%. UL Solutions Inc shares have risen nearly 5.89% since the year began. SMA at 50 days reached $52.38, while 200 days put it at $48.75.
Levels Of Support And Resistance For ULS Stock
The 24-hour chart illustrates a support level at 52.19, which if violated will result in even more drops to 51.57. On the upside, there is a resistance level at 53.80. A further resistance level may holdings at 54.79. The Relative Strength Index (RSI) on the 14-day chart is 44.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.65, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 77.29%. Stochastics %K at 29.86% indicates the stock is a holding.
The most recent change occurred on May 07, 2024 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $38 price target.
