In a filing, REV Group Inc revealed its VP, Corp. Controller & CAO LaDue Joseph unloaded Company’s shares for reported $0.15 million on Jan 13 ’25. In the deal valued at $32.21 per share,4,533 shares were sold. As a result of this transaction, LaDue Joseph now holds 20,442 shares worth roughly $0.57 million.
Then, LaDue Joseph bought 4,533 shares, generating $145,994 in total proceeds.
Before that, Dutil Charles sold 12,500 shares. REV Group Inc shares valued at $356,250 were divested by the Director at a price of $28.50 per share. As a result of the transaction, Dutil Charles now holds 41,628 shares, worth roughly $1.17 million.
Morgan Stanley initiated its REV Group Inc [REVG] rating to an Equal-weight in a research note published on June 11, 2024; the price target was $29.50. A number of analysts have revised their coverage, including DA Davidson’s analysts, who increased its forecast for the stock in late September from “a Neutral” to “a Buy”. Robert W. Baird also remained covering REVG and has increased its forecast on March 06, 2023 with a “an Outperform” recommendation from previously “Neutral” rating. DA Davidson started covering the stock on June 29, 2022. It rated REVG as “a Neutral”.
Price Performance Review of REVG
On Monday, REV Group Inc [NYSE:REVG] saw its stock fall -7.90% to $28.09. Over the last five days, the stock has lost -6.83%. REV Group Inc shares have fallen nearly -11.86% since the year began. Nevertheless, the stocks have risen 38.51% over the past one year. While a 52-week high of $36.00 was reached on 01/23/25, a 52-week low of $17.76 was recorded on 03/03/25. SMA at 50 days reached $32.76, while 200 days put it at $29.10.
Levels Of Support And Resistance For REVG Stock
The 24-hour chart illustrates a support level at 27.19, which if violated will result in even more drops to 26.29. On the upside, there is a resistance level at 29.81. A further resistance level may holdings at 31.52. The Relative Strength Index (RSI) on the 14-day chart is 28.58, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.87, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 98.72%. Stochastics %K at 11.86% indicates the stock is a buying.
