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The Potential Rise in the Price of Evertec Inc (EVTC) following insiders activity

In a filing, Evertec Inc revealed its Executive Vice President Vizcarrondo Miguel unloaded Company’s shares for reported $0.28 million on Dec 20 ’24. In the deal valued at $34.09 per share,8,123 shares were sold. As a result of this transaction, Vizcarrondo Miguel now holds 113,915 shares worth roughly $4.24 million.

Then, MIGUEL VIZCARRONDO bought 8,123 shares, generating $276,947 in total proceeds.

Before that, Vizcarrondo Miguel sold 7,890 shares. Evertec Inc shares valued at $276,664 were divested by the Executive Vice President at a price of $35.07 per share. As a result of the transaction, Vizcarrondo Miguel now holds 122,038 shares, worth roughly $4.54 million.

Susquehanna upgraded its Evertec Inc [EVTC] rating to a Neutral from a a Negative in a research note published on February 27, 2025; the price target was increased to $30 from $28. A number of analysts have revised their coverage, including Morgan Stanley’s analysts, who increased its forecast for the stock in late November from “an Underweight” to “an Equal-weight”. Susquehanna also remained covering EVTC and has decreased its forecast on September 05, 2024 with a “Negative” recommendation from previously “Neutral” rating. Susquehanna revised its rating on January 24, 2022. It rated EVTC as “a Neutral” which previously was an “a Positive”.

Price Performance Review of EVTC

On Tuesday, Evertec Inc [NYSE:EVTC] saw its stock fall -1.85% to $37.22. Over the last five days, the stock has gained 13.96%. Evertec Inc shares have risen nearly 7.79% since the year began. Nevertheless, the stocks have risen 3.02% over the past one year. While a 52-week high of $40.67 was reached on 03/03/25, a 52-week low of $28.76 was recorded on 01/13/25. SMA at 50 days reached $33.57, while 200 days put it at $33.83.

Levels Of Support And Resistance For EVTC Stock

The 24-hour chart illustrates a support level at 36.69, which if violated will result in even more drops to 36.17. On the upside, there is a resistance level at 37.84. A further resistance level may holdings at 38.47. The Relative Strength Index (RSI) on the 14-day chart is 67.66, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.94, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 17.49%. Stochastics %K at 88.62% indicates the stock is a selling.

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