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The Potential Rise in the Price of Valaris Ltd (VAL) following insiders activity

Valaris Ltd’s recent filing unveils that its President & CEO Dibowitz Anton acquired Company’s shares for reported $0.25 million on Mar 05 ’25. In the deal valued at $33.91 per share,7,500 shares were bought. As a result of this transaction, Dibowitz Anton now holds 250,401 shares worth roughly $9.89 million.

Then, Weber Christopher T sold 4,000 shares, generating $198,000 in total proceeds. Upon selling the shares at $49.50, the SVP – CFO now owns 52,236 shares.

Before that, Weber Christopher T bought 4,000 shares. Valaris Ltd shares valued at $197,869 were divested by the Officer at a price of $49.47 per share.

Evercore ISI downgraded its Valaris Ltd [VAL] rating to an In-line from a an Outperform in a research note published on January 15, 2025; the price target was decreased to $59 from $87. A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in mid December from “an Overweight” to “an Equal weight”. Citigroup also remained covering VAL and has decreased its forecast on December 09, 2024 with a “Neutral” recommendation from previously “Buy” rating. JP Morgan started covering the stock on December 06, 2024. It rated VAL as “an Underweight”.

Price Performance Review of VAL

On Tuesday, Valaris Ltd [NYSE:VAL] saw its stock jump 1.99% to $39.51. Over the last five days, the stock has gained 6.67%. Valaris Ltd shares have fallen nearly -10.69% since the year began. Nevertheless, the stocks have fallen -44.79% over the past one year. While a 52-week high of $84.20 was reached on 01/15/25, a 52-week low of $31.15 was recorded on 03/04/25. SMA at 50 days reached $43.36, while 200 days put it at $55.15.

Levels Of Support And Resistance For VAL Stock

The 24-hour chart illustrates a support level at 38.87, which if violated will result in even more drops to 38.24. On the upside, there is a resistance level at 39.91. A further resistance level may holdings at 40.32. The Relative Strength Index (RSI) on the 14-day chart is 50.03, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.49, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.99%. Stochastics %K at 88.26% indicates the stock is a selling.

How much short interest is there in Valaris Ltd?

A steep rise in short interest was recorded in Valaris Ltd stocks on 2025-02-28, growing by 1.81 million shares to a total of 11.39 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 9.58 million shares. There was a rise of 15.87%, which implies that there is a positive sentiment for the stock.

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