Veralto Corp’s filing revealed that its SVP, Strategy & Sustainability Trivedi Surekha unloaded Company’s shares for reported $59206.0 on Feb 25 ’25. In the deal valued at $100.35 per share,590 shares were sold. As a result of this transaction, Trivedi Surekha now holds 8,470 shares worth roughly $0.84 million.
Then, Honeycutt Jennifer sold 10,414 shares, generating $1,045,045 in total proceeds. Upon selling the shares at $100.35, the President and CEO now owns 104,496 shares.
Before that, Trivedi Surekha bought 590 shares. Veralto Corp shares valued at $59,206 were divested by the Officer at a price of $100.35 per share.
Jefferies initiated its Veralto Corp [VLTO] rating to a Buy in a research note published on December 12, 2024; the price target was $125. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in mid August with a ‘”a Neutral”‘ rating. TD Cowen began covering VLTO with “Hold” recommendation on June 17, 2024. Goldman started covering the stock on March 22, 2024. It rated VLTO as “a Buy”.
Price Performance Review of VLTO
On Tuesday, Veralto Corp [NYSE:VLTO] saw its stock fall -0.99% to $98.88. Over the last five days, the stock has lost -1.76%. Veralto Corp shares have fallen nearly -2.92% since the year began. Nevertheless, the stocks have risen 14.42% over the past one year. While a 52-week high of $115.00 was reached on 01/15/25, a 52-week low of $85.90 was recorded on 02/05/25. SMA at 50 days reached $101.06, while 200 days put it at $103.99.
Levels Of Support And Resistance For VLTO Stock
The 24-hour chart illustrates a support level at 98.17, which if violated will result in even more drops to 97.46. On the upside, there is a resistance level at 100.18. A further resistance level may holdings at 101.47. The Relative Strength Index (RSI) on the 14-day chart is 44.64, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 59.65%. Stochastics %K at 51.39% indicates the stock is a holding.
The most recent change occurred on March 12, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $103 price target.
