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. Zions Bancorporation N.A shares valued at $1,280,276 were sold by Smith Jennifer Anne on Feb 18 ’25. At $56.47 per share, Smith Jennifer Anne sold 22,673 shares. The insider’s holdings dropped to 29,313 shares worth approximately $1.57 million following the completion of this transaction.
Also, Smith Jennifer Anne purchased 22,673 shares, netting a total of over 1,280,283 in proceeds.
Before that, STEPHENS STEVEN DAN had sold 10,000 shares from its account. In a trade valued at $557,120, the Executive Vice President traded Zions Bancorporation N.A shares for $55.71 each. Upon closing the transaction, the insider’s holdings decreased to 10,000 shares, worth approximately $2.46 million.
As published in a research note from Goldman on January 07, 2025, Zions Bancorporation N.A [ZION] has been rated up from a Neutral to a Buy and the price target has been revised to $71. As of September 30, 2024, Morgan Stanley has increased its “an Underweight” rating to a “an Equal-weight” for ZION. Earlier on July 25, 2024, Argus downgraded its rating. Their new recommendation was “a Hold” for ZION stock which previously was a “a Buy”.
Analyzing ZION Stock Performance
During the last five days, there has been a drop of approximately -2.69%. Over the course of the year, Zions Bancorporation N.A shares have dropped approximately -1.12%. Shares of the company reached a 52-week high of $59.45 on 01/22/25 and a 52-week low of $52.16 on 02/25/25. A 50-day SMA is recorded $55.88, while a 200-day SMA reached $50.58. Nevertheless, trading volume fell to 1.35 million shares from 2.44 million shares the previous day.
Support And Resistance Levels for Zions Bancorporation N.A (ZION)
According to the 24-hour chart, there is a support level at 53.11, which, if violated, would cause prices to drop to 52.59. In the upper region, resistance lies at 54.44. The next price resistance is at 55.25. RSI (Relative Strength Index) is 39.64 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -1.80, which suggests the price will decrease in the coming days. Percent R is at 75.97%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
